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ContraryTrader

XLK (Msft and Apple)

Short
SPDR Select Sector Fund - Technology (AMEX:XLK)  
ContraryTrader  
AMEX:XLK   SPDR Select Sector Fund - Technology
Support and Resistance Trend Lines
5
0
supportandresistance trendline
This sector is the biggest in the S&P.. Msft and Apple represent 50% of the weight in this sector.
Fridays rally pushed us up right against channel resistance again.
Apple got rejected at its 200 daily sma.
Minor possible bear flag showing in yellow.

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