Saturday, February 14, 2009

Energy Sector

I took a look at the Energy Sector via the XLE and found a couple of things interesting. As you can see in the chart below, we have been stuck in a trading range between $53 an $40. Over that same time period, the XLE has started to outperform the S&P. Also, we have seen a few higher highs in the MACD.

No comments:

Post a Comment