Don't Ignore This Chart!: $XME nears January high

Don't Ignore This Chart!

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$XME nears January high

March 17, 2010 at 12:08 PM | written by Arthur Hill

Materials and Energy related ETFs have been lagging the broader market because many remain below their January highs. That may be changing. The chart below shows the Metals & Mining SPDR (XME) surging towards its January high with a move over the last two days.