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XLE looks like a reversal candidate
iShares U.S. Energy ETF
(
AMEX:IYE
)
Entropy_Trading
Premium
AMEX:IYE
iShares U.S. Energy ETF
Trend Analysis
Technical Indicators
1
1
trendanalysis
indicator
Reversal is not confirmed but MACD and RSI both indicating possible divergence from price. This could be indicating weakness. Price needs to break out or significant sell off could happen.
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