Big Energy ETF Nears a Breakout

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The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, is higher by nearly 4% over the past week, a move that has pushed XLE's fourth-quarter gain over 9%. Some technical analysts are opining that XLE is on the cusp of an important technical breakout that could send shares of the [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.

This article appears in: Investing , ETFs

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