Black Friday saleUp to 70% OFF
SELECT SECTOR SPDR TRUSTSELECT SECTOR SPDR TRUSTSELECT SECTOR SPDR TRUST

SELECT SECTOR SPDR TRUST

No trades
See on Supercharts
Overview Analysis News
Ideas
Discussions Technicals Seasonals

XLE trade ideas

Energy and Financials Look Like Tech 5-1/2 Years Ago2022 has begun with another sharp rotation from growth to value stocks. The SPDR Technology ETF had its biggest weekly drop in over a year, while the SPDR Energy ETF had its biggest gain in even longer. Financials also jumped: Price action in the two value sectors (XLE and XLF) seems to resemble XLK another moment 5-1/2 years ago. The chart below shows XLK between January 2015 and November 2016. Notice how the tech ETF spent more than a year consolidating sideways after a big run, chopping along its 100- and 200-day simple moving averages (SMAs) before breaking out. There was also a bullish candlestick pattern (post-Brexit kicker) on June 27-28, 2016: XLE and XLF haven’t consolidated as long as XLK in 2016, but they have other similarities. Both moved sideways for at least six months and spent time below their 100-day SMAs. Both made one final higher low at the 200-day SMAs. Both had potentially bullish candlesticks (abandoned-baby hammers). And, most importantly, both closed at new highs. It’s also noteworthy that XLK’s 2016 breakout helped launch the current regime of FANG and “big cap growth.” Now as investors shed tech stocks and monetary conditions grow less favorable , similar breakouts have occurred in the polar-opposite sectors. Are we entering a new phase of the market, led by neglected cyclical value names? TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
AMEX:XLE
by TradeStation
Unlimited Power!!!XLE been on a damn tear High RSI small rejections may start to signal some things. The energy sector around the world seems to be the place to be with energy prices sky rocketing everywhere that said 2 plays. The breakout bull play if XLE can break above 61.51 can take the play and ride momentum to 63.85 and 68.00. Keep in mind High RSI so if it breaks through and consolidates on that 61.61 level 68 is a very high possiblity. The Rejection play bearish IF XLE cant break above 61.51 combined with this high RSI it will retest the EMA at 60.35 a breakdown there sends it to next support level 59.03.
AMEX:XLE
by freakypab
2021 sector performance year in review2021 sector performance year in review: XLE = Energy 46.07% XRT = Retail 41.26% XLK = Technology 34.38% XLF = Financial 32.70% XLY = Consumer Discretionary 27.46% XLV = Health Care 24.73% XLB = Materials 24.62% XLI = Industrials 18.98% XLC = Communication Services 16.73% XLU = Utilities 13.76% XLP = Consumer Staples 13.55% XBI = Biotechnology -19.02% Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification www.tradingview.com
AMEX:XLE
by Options360
XLE at an important decision pointInvesting in XLE is less volatile than crude oil. Demand bound to rise as economy recovers. XLE already came back from a HEAD & SHOULDER covid plunge & retested the neckline. It is at the same time trying to breakout of a BIG WEDGE & a SMALLer WEDGE. Noticing the small head & shoulder inside the small wedge, my bias is for XLE to breakout soon. Getting above 65 would set the next targets of 80 & 100 into play as wave 3 continues. Not fincial advice....make due diligence. Pls comment also your ideas.
AMEX:XLELong
by xtremerider8
TOPUP Buying The Dip Strategy //This is just a TOPUP Buying The Dip Strategy that you can incoporate with your existing DCA type investments What I like about trading Commodity based ETF (i.e Oil and Gold), every falling price will always means its just a correction. Meaning, after a dip it will again rally. Unlike stocks, it's difficult perhaps borderline impossible for commodity price to fall below zero (in this case for oil, it did but not for long) hence ETF that tracks the price of Oil will never go below zero. Everytime this ETF make 50% correction, you buy the ETF shares. That's the strategy. Now I do not recommend to use a buy and hold strategy here. You need to decide how you want to take profit as soon as you buy the shares. Percentage based? Momentum based? trailing stop? fundamentally based? All up to you The whole point of this post is to show every correction/falling price, its an opportunity to buy. This is a monthly chart and such opportunity only occured 3 times in the last 20+ years.. hence why I call this just a TOPUP strategy. This can work with other commodity based ETF and you even can use this for SP 500 but waiting for 50% correction would be very rare but perhaps shorter corrections like 6-8%
AMEX:XLELong
by sufiansaid
SPDR Energy Sector Fund pulling back momentarily. XLEConsolidating here to the third degree and looking for an eventual downward Wave B. Even if its a shallow pull back, there is still much time and space for this thing to drop in the coming days or weeks. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
AMEX:XLEShort
by Rykin_Capital
Energy ETF Is Pushing HighsEnergy stocks have been consolidating as major companies report earnings. Now they could be back in focus with inflation still rising and the economy reopening. The most important feature on the SPDR Energy ETF’s chart is price zone around $56. It was a crucial support area in January 2020 before XLE crashed to a generational low. It was also a peak in June, but the fund has remained above it the last five weeks. Next, prices have shown new support at a higher level around $57. Notice how tests of that line on October 18 and 21 and November 3-4 and 15 were followed by quick bounces. Third, the consolidation period has compressed Bollinger Bandwidth to the lower end of its range. Is XLE ready to start moving again? Finally, notice how the 8-day exponential moving average (EMA) has remained above the 21-day EMA. That shows little selling interest during the recent consolidation phase. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Editors' picks
AMEX:XLELong
by TradeStation
14
Elliott Wave View: Energy ETF (XLE) Wave 5 In ProgressShort-term Elliott wave view in Energy ETF (XLE) shows a 5 waves impulse structure from August 19, 2021 low. Up from there, wave 1 ended at 49.69 and pullback in wave 2 ended at 46.47. The ETF then extended higher in wave 3 towards 59.41 and pullback in wave 4 is also proposed complete at 57. The 1 hour chart below shows the internal subdivision of wave 4 as a zigzag Elliott Wave structure. Down from wave 3, wave (i) ended at 58.78 and rally in wave (ii) ended at 59.36. Wave (iii) ended at 58.50, rally in wave (iv) ended at 58.94, and final leg lower wave (v) ended at 57.94. This completed wave ((a)) of 4 in higher degree. The ETF then bounced in wave ((b)) of 4 which ended at 58.82. Wave ((c)) of 4 lower completed at 57 with internal subdivision also as a zigzag. The ETF has turned higher in wave 5, but it still needs to break above wave 3 at 59.41 to avoid a double correction. Up from wave 4, wave (i) ended at 57.79, pullback in wave (ii) ended at 57.23, wave (iii) ended at 58.03, wave (iv) ended at 57.75, and wave (v) higher ended at 58.35. This completed wave ((i)) in higher degree. Pullback in wave ((ii)) ended at 57.23. Up from there, wave (i) of ((iii)) ended at 58.62. Near term, while dips stay above 57, expect the ETF to extend higher.
AMEX:XLE
by Elliottwave-Forecast