XLU rising wedge Short

SPDR Select Sector Fund - UtilitiesArca

Description

⋅ Jul 17, 2019 5:35 PM

XLU in a rising wedge near top resistance point and at 1.618 extension with bearish divergence on the weekly. Pull back to 61.8 fib and volume profile area once wedge breaks.

Trend Analysis

Comments

420snoop

⋅ Jul 18, 2019 1:34 AM

very nice chart!