A short-term buying opportunity has risen in the XLE:arcx following the low on June 27 and the failure by the bears to keep price below the $65 pivot. As a consequence those interested in attempting bull profits ahead or through Independence day could have a shot at it with defined levels to lean against.
from Tools feed https://www.tradingfloor.com/posts/energy-sector-etf-looks-ripe-for-a-rebound-7854201?utm_medium=tf4-feed&utm_source=extract
Energy sector ETF looks ripe for a rebound
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