$XLE - RC -
Added 2024-02-20 11:38:29 +0000 UTC$XLE chart has not changed since the last upload and both the bear and bull case counts are available on the chart as there is mixed views here.
One being the bullish Cup and Handle and Wave 5 not completed, but also we can see a large ascending wedge in yellow which is also a bearish formation.
So for these reasons I have add both scenarios.
A break out of the channel at $87 and I would favour the bulls to get this and the price is now back above the 200 and 50 Day MA too.
