We are getting the correction we were looking for in XLE and KOL.
Just a reminder here, the trend is still very much bullish. Don't let a pullback like this sway you to think otherwise. Nothing has changed fundamentally. While these went up too fast in too short a time, this is typical. This gives us a better buying opportunity.
I have not set up a trade yet, looking for a bit more weakness.
Stay tuned.
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