GUMBY9662C

XOP poised for a nice pop

Long
AMEX:XOP   SPDR S&P Oil & Gas Explor & Product
XOP saw solid bullish call flow last week. Also, DXY looks ready to roll lower this week. Finally, knowing there were nice draws on crude and distillates across the board last week is a trifecta. Once, markets bottom finally, energy looks like best place to be.

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