Steve MillerPublished 2026-09-11
“askSlim Market Week Brief 09/11/26 - Analysis of Financial Markets”
$XLEBullish
XLE remains in a firm uptrend with positive RS and bullish signals, despite slight slowing on the intermediate term.
Obviously, super strong, but of late it has been slowing a little bit on the upside on the intermediate term rising phase there 6567 to 6921. Uh so action is obviously still positive in the shortterm rising phase.
Look at that nice higher cycle high, higher cycle low here off of that move there and then a turn up again. Higher cycle high, higher cycle low, higher cycle high, higher cycle low.
So a firm uptrend that is in place and see where it is getting bought right at the rising slim ribbon.
