$XOP: Watching the 168.75 Resistance

I've been keeping an eye on $XOP for a potential move. It touched 168.75 today, which is acting as pretty firm resistance right now. If we can get a sustained break above that, it might signal more upside, but until then, that level is the one to beat.

On the flip side, a failure to clear 168.75 and a move back down could see it retest the day's low around 164.355. That would invalidate any immediate bullish ideas for me.