50EMA break $XLE, simple analysis
XLE looks to be entering a downtrend. If the 50EMA break holds, we should be heading towards the low 44s. RSI is in a downtrend as well. MACD crossing into the bearish territory.
This is a decent EFT to have in your LT portfolio with a ~5.5% dividend. Low 40s would be nice. Mid to high 30s would be great.
This is a decent EFT to have in your LT portfolio with a ~5.5% dividend. Low 40s would be nice. Mid to high 30s would be great.