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SPDR Select Sector Fund - Energy Select SectorSPDR Select Sector Fund - Energy Select SectorSPDR Select Sector Fund - Energy Select Sector

SPDR Select Sector Fund - Energy Select Sector

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XLE trade ideas

XLE - Chance to hold As we can see from the chart, the price had increased over the bearish trendline - which had stood for months, and reached the resistance of EMA 200-period. Besides, the price still created a long tail, although there was massive Sell Volume. => XLE would have a great chance of going up. There are two strategies for this: 1. Going long whenever the price close above the EMA 200-period 2. Wait for the price to test the bearish trendline again and get a long position.
AMEX:XLELong
by ThanhhLong