XLE monthly Breakout - Energy Sector

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Energy has been lagging the oil recovery significantly. Looking at the RSI of XLE on the monthly chart suggests that this could be the month that XLE finally makes a sustained move higher. The month has yet to CLOSE above our RSI level, but its a starting point.
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istantanea
Chart PatternslevelMonthly ChartsRelative Strength Index (RSI)Trend Analysisuniformity

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