Bullish outlook on Energy $XLE

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SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)

AMEX:XLE SPDR Select Sector Fund - Energy Select Sector

Appears we have completed an expanded flat on a weekly time frame in $XLE. Since creating the low on the week of March 16, 2020, we have been moving impulsively to the upside, which from a technical standpoint, gives me a bullish outlook for the overall sector. Will update as time progress.