pseng88
Short

$xlp further short term breakdown

AMEX:XLP   SELECT SECTOR SPDR TRUST AMEX CONSUMER STAPLES INDEX
higher time frame is showing defined uptrend with an over-extension on breakout pulling back
mid time frame is showing markup to distribution to consolidation for the next leg down
descending triangle is forming against downtrend line and multiple test of support is showing weakness
possible breakdown to breakout level of 55.7x on higher time frame- first level 56.2x
lower time frame is showing range bound action with sellers slightly in control
descending triangle is also forming- worth monitoring price action
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out