Standout Sector: XLE–The Energy Select SPDR Fund - Chaikin Analytics
XLE

Standout Sector: XLE–The Energy Select SPDR Fund

This was the standout sector last week:  

 

XLE has been consolidating for a few weeks as it remains bullish and was oversold but is rapidly moving higher to an overbought level. This is another good ETF to search inside for bullish set ups. Last week I called out EOG at $80.07 which had a move of over 9% higher in 4 trading days to finish at $87.46. These set ups are powerful.  

 

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