cyclewave

XLB - Updated EW count

AMEX:XLB   SELECT SECTOR SPDR TRUST
XLB has completed (X) wave up in double zigzag correction. In 4 hr timeframe It dropped in (W) & (X) wave, now wave (Y) has started moving down in WXY further double zigzag correction. wave W has ABC correction, in which wave A has already over and wave B started moving up and take up to 2-4 trading days to complete then go down for C wave down. As commented in previous idea that XLB , XLP , XLE , DJT, XLF , KRE , KBE are good sectors to sell for.

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