$XLE - RC -
Added 2023-11-17 16:28:19 +0000 UTCAt an important point now, fighting to stay on the trend line and at the 200 Day MA, if this trend line is lost and gets rejected trying to get back above it, this could be the start of the corrective ABC count and start to move down, initially to Wave A at the 0.38 Fib at $66.64.
Staying above the trend line and it can move higher to our Wave 5 target at $115.
![[takeostudios]](https://samsuka.com/istorage/106010.jpg)
