Chart of the Day - Friday, June 13, 2025

June 13, 2025
Patrick Dunuwila

Chart of the Day

 

🏆  Today's Chart of the Day was shared by Donovan Jackson (@TheDonInvesting).
 

  • Energy ($XLE) was by far the strongest sector this week, rising +5.6% as Crude Oil surged +13%. It was the best week for $XLE since January, and the best week for Crude since October 2022.
     
  • Donovan notes that Crude could be leading the way for the Energy sector. The commodity broke out from a three-year downtrend line today after finding support at the 61.8% Fibonacci retracement of the post-COVID rally.
     
  • Energy vs. the S&P 500 looks very similar to Crude, both on an equal-weight and cap-weight basis. Both ratios are approaching a three-year downtrend line after reclaiming their respective Fibonacci retracements.
     

The Takeaway: Energy had a perfect week, as Crude Oil surged +13%. If Crude continues to emerge from a three-year downtrend, Energy could begin to outperform the S&P 500, as its relative trend has closely mirrored the price of Crude Oil.

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