Charts on April Crude Oil & XLE

April Crude Oil has popped above $80 for the first time since mid-February, where it stayed for a very brief period of time prior to rolling over into a nosedive to 74.00. Let's see if 1) April Crude can sustain above 80, and thereafter, make a run at-- and take out-- the 2/13 prior failed rally peak at 80.86, which if accomplished, will morph the last 6 weeks into a near-term base-accumulation type of setup... Last in April Crude is 80.33...

Meanwhile, XLE is pushing up against its key near-term resistance line in the vicinity of 87.70, which if taken out and sustained, will point to 90-91 next... Last is 87.09

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