Energy Stays Strong

$XLE $SLB

Energy continues to trend strong in the face of choppiness. Daily RSI of XLE 0.00%↑ has hit overbought levels, and with less overhead supply above, looks poised to at least retest the highs from November of last year.

Here’s one that is setting up nice. SLB 0.00%↑ . Above $60, this one could have some runway.