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State Street Utilities Select Sector SPDR ETF

(XLU+XLP)/QQQ Relative Performance SIGNAL?

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Just 9days following my post on the 6th, and XLU+XLP/QQQ made a huge bounce: *IF* (XLU+XLP)/QQQ breaks out to a higher high it would be a very ominous and negative signal for the QQQ and SMH; potentially signaling a TOP for those etfs near-term. XLU XLP QQQ SPY SPX

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Chart PatternsTechnical IndicatorsTrend Analysis
StockPickingEnthusiast

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.