Chart looks 90% identical to the Dow jones .
Both are sitting right on Weekly support of its 50sma .
XLE bounced off its daily 200sma (Gold wave) , I think we will bounce and retest our 50sma (Purple wave)..
Stop loss is a close below 81
Both are sitting right on Weekly support of its 50sma .
XLE bounced off its daily 200sma (Gold wave) , I think we will bounce and retest our 50sma (Purple wave)..
Stop loss is a close below 81
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