Technical Setup: • XLE (Energy ETF) broke above a descending channel. • MACD histogram turned positive, confirming bullish momentum. Outcome: Traders captured a 40% rally in XLE over 6 months. 5.3 Defensive Plays in Recessions Sector Analysis: • 2020 COVID-19 recession drove demand for utilities and consumer staples. Technical Setup: • XLU (Utilities ETF) formed a double bot... https://topcollegesadmission.in/college-list/diploma/indore