Following up on yesterday's "Chartology: Best Guess, The S&P Energy Sector ETF Is Within Pennies of Testing The October Panic Low (XLE; ERY)"
After trading down to $76.60 and undercutting both yesterday's $77.03 close and the October 'panic' low of $77.51 we've had a nice reversal and pop back up.
$77.86 up 83 cents.
With the Industrials down 170 and the S&P off 19 I'd expect them to turn sometime today or tomorrow and also head higher. 17,682 and 2041.
From ETFDatabase the Energy Select Sector SPDR ETF:
