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Saturday, November 2, 2024

XLE - Oil Sector Bull Continues

Oil shares have continued to rise along the 50 weekly average. Of note Oil shares didn't even see the 2022 bear market that was seen in the SPX. There hasn't been any significant pullbacks in the Oil Sector either. Weekly
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1 comment:

  1. SCNovember 2, 2024 at 11:45 AM

    Oil/energy continues to be the strongest sector. No weakness to be seen in the chart at all. It's so strong XLE has just continued up the 50 average.

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