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'The Fed has just put the economy in an induced coma, attaching it on fiscal and monetary life support, hoping that when the time passes it can be brought back to life.'
My market thesis remains that the recent strength is just a sizable counter-trend rally that will fizzle out -- and keep an eye on jobless numbers this week.
Let's review the charts and indicators of XLE.
An interesting concept to consider in the current market environment.