XLP : Price action confirmed bearish cycle on the way after completing simple ABC in (X) wave. It started moving down in (Y) wave, So bounce can be used to sell for Y wave.
It dropped in five wave A today along with SPX and other sectors, so pull back of wave B will be good sell for C down. Wait for 2-3 days to pull back in wave B.
It dropped in five wave A today along with SPX and other sectors, so pull back of wave B will be good sell for C down. Wait for 2-3 days to pull back in wave B.