Even though the analysis of crude oil does look pretty strong, XLE may be ready for an overdue pullback.

FORBES: Best Q2 Sectors to Buy

Chart Analysis : The weekly chart of crude oil shows the powerful rally from the early-October low as crude oil held above the major 50% retracement support.

FORBES: 2 Low-Risk Plays for the Oil Rally

The traditional patterns used in technical analysis were, of necessity, fairly crude, determined by what was readily visible to the eye.

ECONOMIST: Heads, shoulders and broadening bottoms | The