XLE Energy Stocks Reversal Confirmed Look Like a Good Buy With T Boone Pickens Calling $70 oil by EOY. After months of patiently waiting, I think it’s finally time to go long the energy sector. The three catalysts that could power energy sector higher: - Number of rigs taken offline in the U.S. is starting to improve the supply/demand ratio. - ECB QE is starting to work - U.S. economy may improve in the second half of 2015 like the Federal Reserve has been predicting The chart of XLE looks like a textbook reversal pattern: http://elite.finviz.com/publish/043015/XLEccdl01068658.png Source: www.guerillastocktrading.com/stocks/energy-stocks-reverse/ Energy Stocks Reverse, Time To Go Long