Trading in a narrow range defined by support of 140 million volume day (low $37.62, but real support closer to $37.50). #Sectorbreadth places
XLE at sub-10% bullishness, a point where shopping for long opportunities is often rewarded. KMI is one of the few XLE components holding up and should be one to lead Energy stocks out.
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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.