The XLE energy ETF has continued its upside surge to 57 this morning off of Mondayââ,¬â"¢s pullback low and pivot at 54.07. My optimal "next" target zone is 57.00/.40, but my near-term work supports a move to 58.20/50 as well. At this juncture only a reversal and close beneath todayââ,¬â"¢s low at 55.46 will compromise upside continuation.

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