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Article Archive For Keyword: Energy Select
DownloadEnergy Select SPDR Forming Triangle?
ARTICLE SYNOPSIS...After a huge decline, XLE is consolidating in a converging range. Which pattern is being built?
Energy Select SPDR Has Peaked
ARTICLE SYNOPSIS...The bull market in XLE that started in 2002 came to an end in May 2008. XLE has broken the up trendline and is now in a market correction that could see XLE fall to 50 or more.
Energy Select Sector Has Robust Breakout
ARTICLE SYNOPSIS...XLE shows the bullish symptoms to continue the upward rally by entering the new uptrend with a gap-up breakout.
Energy Select Sector May Undergo Some More Correction
ARTICLE SYNOPSIS...XLE has moved into the overbought area, and the daily price chart has formed a rising wedge. The sector is likely to witness a correction during the uptrend.
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