Energy XLE idea (31/08/2022)

SPDR Select Sector Fund 1H Range In addition to the XLE Energy Sector Index, it is expected to rise to target the third wave. Since prices are above the long-term support level of 70.59, the main support point at 65.48, at the moment, we expect a correction to the downside. Prices are below 85.23. We expect a correction in wave b.