mastercharts

Industrials ETF Runs Into Resistance @ Logical Level

AMEX:XLI   SPDR Select Sector Fund - Industrial
Support & Resistance Visualized with Automatic Lines
These custom support resistance indicator lines show decent places to enter or exit.

The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.

If your instrument closes below the Red line, we think about Shorting.

For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts).

Find out more. Send Private Mail (PM) to @MasterCharts

FREE Trial of These Indicators. Sign-Up for access here: www.masterchartstrading.com/store/c1/Featured_Products.html

Visit my financial blog & get alerts : www.masterchartstrading.com/blog

@mastercharts
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.