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SPDR Select Sector Fund - Energy Select Sector
Long

SPDR energy sector double bottom and upside divergence

By AIQ_Systems
Updated
XLE has a good double bottom and modest upside divergence. grabbing some oct 11 57.5 calls at 41c
Note
faded late if we go below our 50% protection will take our monies and wait for another day
Note
closed out at .25c left a couple to fend for themselves, 40% loss live to fight another day
Note
sold the second half at .61 av so a wash break evenish on this trade
Double BottomDouble Top or BottommacddivergenceOscillatorsSupport and Resistance
AIQ_Systems
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