8% Above 50 Day
XLE is 8% above its 50 day moving average. Doesn't mean a *massive* reversal, can work off overbought over time.
Trade closed: target reached
Bailing on bear call spreads for profits.
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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.