XLE – ENERGY (XOM CVX COP SLB EOG MPC KMI PXD PSX WMB). It looked bearish when reviewed last time and seems like it’s currently still forming a bear flag wkly. however precisely bounced off from 100SMA wkly. would be interesting to see if it can reverse from here next week. breaking down below 44.9 looks it will go downtrend. XLE bulls may want to watch out if 100SMA will turn to a resistance wkly chart.