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Friday, March 15, 2024 11:33:09 AM
By: Intelligent Investing | March 15, 2024
• A month ago we turned bullish on $USO and $XLE and were looking for $80 and $88 targets, respectively.
#XLE surpassed its minimum target elegantly. And has further to run.
#USO is now playing catch up.
We remain Bullish on both for as long as they stay above their 200d SMA and Ichimoku Cloud.
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