themarketzone

Weekly Markets Analysis trading idea - Sell Zone ahead

AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Possible Sell Zone in $XLE as it approaches the 90$ area.
$XLE is lagging behind most of the sectors, mainly because of oil prices and the 90$ sell zone may be a good place to try to exploit this weakness (as long as it continues of course).

This setup is part of the Weekly Markets Analysis posted in the blog, check out the complete setup and more..
marketzone.tumblr.co...ts-analysis-23-11-14

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