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timl163

XLE will be up for the next few bars

Long
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
timl163  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Chart Patterns Trend Analysis Beyond Technical Analysis
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chartpattern trendanalysis beyondta
Reasons to be up.

1. Bull flag on the hourly chart.
2. Failed trend channel line break,
3. 3-pushes down and reversing up.
4. Up trend for the past few months.
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