$XLE ~ Appears correction is occurring...

SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)

AMEX:XLE SPDR Select Sector Fund - Energy Select Sector

Wave Analysis XLE Energy Commodities SPDR S&P 500 ETF (SPY) QQQ nasdaq S&P 500 (SPX500) elliottwaveprojection elliotwaveanalysis elliottwaveretracement

waveanalysis xle energy spy qqq nasdaq spx500 elliottwaveprojection elliotwaveanalysis elliottwaveretracement

As shown, finally it appears energy companies are cooling off. Expectation is XLE continues to rollover and will create a exceptional opportunity within the next 12-24 months. Will track closely and when the opportunity presents itself, we will be ready.

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