#XLE broken above resistance and major volume shelf - more to go
XLE ETF has broken above both a major resistance level (horizontal and channel) as well as a major volume shelf. In addition it's come off a divergent low which has propelled it higher. I think energy names have some legs here..
Note
Still back and filling but volume shelf holding well
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"If you do what you love, you'll never work a day in your life" - Marc Anthony
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.