AMEX:XLK   SPDR Select Sector Fund - Technology
I do see a crack in the charts that I'm watching. The failed retest does raise a concern. The negative rsi divergent is also a red flag. When you look at the weighted average I feel the importance of XLK's direction has a huge impact in overall market direction. Based on my limited chart reading I currently hold a bearish bias as long as the trendline holds as resistance.
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