themarketzone

Three weekly Pinbar patterns inside a weekly PRZ

AMEX:XLK   SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT SECTOR USD DIS
XLK just completed its 3rd weekly Pinbar pattern inside the PRZ of the bearish Bat I've mentioned in my previous analysis.
Although there are no clear signs of weakness yet... and we are in the summer...this still should be considered as a warning signal for the bulls
and opportunity for bears.
Comment: Despite the bullish bias... XLK still inside PRZ
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