Bullish outlook on Energy $XLE

Long

SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)

AMEX:XLE SPDR Select Sector Fund - Energy Select Sector

Appears we have completed an expanded flat on a weekly time frame in $XLE. Since creating the low on the week of March 16, 2020, we have been moving impulsively to the upside, which from a technical standpoint, gives me a bullish outlook for the overall sector. Will update as time progress.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.