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Category Archives: Trading commodities, metals, energy

3M chart of XLE from 1999

Is it time for some energy-driven inflation? 3 charts of WTI, XLE

Is it time for some energy-driven inflation? Will an energy sector recovery become new driver of bull market to relieve FANG stocks? WTI has broken decisively above 3-year high, XLE is at decade long support, there is a bullish expansion over March and XLE is 5-day best performer among S&P500 sectors.