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XLE Remains the Dog of Our SPY Sector Work, But Perhaps Not for Much Longer....


The last five sessions the Energy Select Sector SPDR ETF (XLE) has carved out what looks like a potential near-term bottom range between 74.50 and 72.50.

However, for my program to trigger an initial TSC 4 "Preliminary" Buy Signal, XLE must hurdle and close above 75.30.

As of this moment, the bears remain in control.

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