In the dynamic realm of financial markets, discerning price movements can reveal lucrative trading opportunities. Mastering technical analysis, a discipline focused on interpreting historical price data and chart patterns, empowers traders to understand these intricate signals. Price action, the core of technical analysis, involves studying candles
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The energy sector has experienced extreme fluctuations in recent months, driven by factors such as global supply patterns and geopolitical events. The Energy Select Sector SPDR Fund, a popular benchmark for tracking the performance of energy companies, has reflected these shifts. This article analyzes the XLE ETF's recent performance, examining key