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mbalboni10
Jan 6, 2022 12:51 PM

XLP potential top Short

SPDR Select Sector Fund - Consumer StaplesArca

Description

XLP is coming up to a potential top with a morning star starting to for on 24hr. Looks to be forming a broadening top as well. pushed up to a nice fib level for potential reversal with strong selling volume at the top. Momentum is drying up on the 1 hr and 4hr as well as multiple bearish divergences
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