July 13, 2017
The XLE reached its high in December 2016 and has been falling since and it has led the price of crude oil lower in 2017. In my latest work for Seeking Alpha, I look at the current technical support and resistance levels for the XLE and the bullish and bearish factors that continue to pull at the oil price and explain why the next move in the XLE is likely to continue to be a harbinger for the path of least resistance for the price of the energy commodity.
Article: Crude Oil And The XLE
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