Energy Equities taking out important resistance...

There's more strength in the Energy Sector today as Oil is back above the important $40 level.  The S&P 500 Energy Sector SPDR...XLEs...have traded through the resistance around the $65 level.  This level was support last October, November and in early December.

MEA CULPA - the text in the chart should say "Resistance" - not "Support" ( 4/23/16 )