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XLE Roadmap March 2017

SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
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AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
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Visually appealing...inflationary blow off?
Comentário:
Looks ludicrous but given current fundamental perception but actually would represent also 38.2% retracement of the relative decline vs SPX since 2008
Comentário:
Solid showing in XLE, basing process
Comentário:
This could also form IHS. It does appear though that one needs some external shock to put some scarcity value on US energy in order to realise this optimistic scenario. Otherwise, 80/87 range

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