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timl163

XLE is going up.

Long
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
timl163 Updated   
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
XLE formed a bull flag.
Trade active:
Bull flag broken down. But it succeeded in 2B pattern to re-test the March low. Continue to hold the position.
Comment:
Today's price action does not look like to break the trendline. The conviction is suspicious. Closed out for the trade.
Trade closed manually
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