1. McGinley Dynamic acting as historical support (see: 04/02, 04/16, 05/14, 06/22 daily candles) 2. StochRSI in buy zone 3. Bounce off 0.618 Fib Level likely ($45.60) 3. XLE Energy Sector ETF is trending up 4. Crude prices increasing as demand for oil recovers
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Looks like XOM broke support today. Might reverse trade in the short term.