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Trading Strategy – Energy SPDR ETF

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The Energy Select Sector SPDR (XLE) broke out to new 52-week high Tuesday, up 1.62% to 78, following strong earnings from refiner Valero (VLO).  This is bullish from a technical perspective.  In fact, as the chart below indicated XLE could climb up to test key technical level, just above 81, as it extends recent winning ...[read more]

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