XLE Energy Sector Daily Chart Overbot Rising Wedge Negative Divergence

XLE energy sector a fave play by many traders over the last few months. Some negative divergence, along with the overbot conditions and rising wedge, will cause a pull back, but with the weekly chart strong and the strong momo overall, price will move sideways in a topping pattern going forward. A 74 to 78 sideways range would be reasonable for the next month or so as the chart continues to top and roll over. This information is for educational and entertainment purposes only--do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.