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SELECT SECTOR SPDR TRUST

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XLE crazy bear trap at the end of Dec, but it looks like the new ATH I've been forecasting since early last year could very well materialize!
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XLE Breaking out with strong volume.
A good opportunity to test my new trend confirmation script
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Energy has under performed this year. With the tensions on middle east, there is a bullish case for energy this year. It could reach as high as 99 before the end of this year.

possible distribution on the monthly chart

XLE Bear Flag on the weekly chart, Close on a weekly basis first target is the horizontal line.
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XLE Within range!
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XLE Trend line fake out, best moves come from failed moves.
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XLE weakness on Short term time frame XLE XOM COP
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XLE ...so where is this going?