Energy ETF XLE Gaps Through Key Support
Posted on April 21, 2009 at 10:03 AM EDT
The Energy Select SPDR ETF (XLE) has lagged the broader market, and now it has gapped down through all major support on its daily chart, which could be a bearish omen of things to come. Let’s take a closer look. Notice that the XLE failed to break above its February high like some other ...
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