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Index Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Energy Select Sector SPDR Fund (GIF:XLE)

Bear Market Rally (-75) - XLE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XLE as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid XLE?

MarketClub looks at technical strength and momentum to determine if the timing is right for XLE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_XLE
Open High Low XLE Price Change
30.132 31.592 29.792 31.401 +1.609
Entry Signal

MarketClub’s Trade Triangles for XLE

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for XLE

Based on our trend formula, XLE is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for XLE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.132 31.592 29.792 31.401 +1.609
Prev. Close Volume Bid Ask Time
28.612 0 2020-04-06 19:14:47
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