Today closed at its low of the day on increasing volume. The weekly and daily strength continues to deteriorate. However the Energy sector ETF (XLE), was the only sectors to close green today. It showed strong volume, but little reaction. Today also had a big print on the XLE. It remained green, but closed at its low forming a reversal candle. If that candle confirms a reversal in the sector, short the remaining position in AES.

AES
XLE