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08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points
The following are the pivot points for XLE. Pivot High: $58.710, Pivot Low: $57.770. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. :theflyonthewall.com



News For XLE From The Last 14 Days
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March 19, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points
The following are the pivot points for XLE. Pivot High: $58.560, Pivot Low: $57.270. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. :theflyonthewall.com

March 18, 2010
11:58 EDTXLE
theflyonthewall.com: S&P 500 reverses lower, factors to watch
After failing to reach yesterday's high at 1169.84, the index sharply reversed to the mid-point of the notably light trading day today. The big level to keep in mind is the 10-day moving average, last at 1150.29. A break below that moving average would break the current uptrend. There has been desk chatter of some potential tightening action by the Fed, centering on a rise in the discount. This chatter has been credited with hitting the Financials (XLF), which are off their highs. The real culprit in bringing the index down appears to be the Energy sector (XLE). It fell sharply in the last half hour, and is down nearly 1.5%, as the dollar continues to appreciate against the Euro. This has hit crude, and natural gas prices are also sharply lower. Energy has been a notable laggard in the recent move up, even as other sectors hit fresh 52-week highs. Fertilizer names such as The Mosaic Company (MOS), and Potash Corp. (POT) have traded down in sympathy with the fall in natural gas, which was last off over 4%. :theflyonthewall.com
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points

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March 17, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points

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March 16, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points
The following are the pivot points for XLE. Pivot High: $58.130, Pivot Low: $57.060. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. :theflyonthewall.com

March 15, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points

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March 12, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points

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March 11, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points

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March 10, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points

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March 9, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points

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March 8, 2010
08:49 EDTXLE
theflyonthewall.com: Energy Select Sector SPDR: Pivot points
The following are the pivot points for XLE. Pivot High: $58.565, Pivot Low: $57.865. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. :theflyonthewall.com