AMEX:XLY   SPDR Select Sector Fund - Consumer Discretionary
- unexpected strong for XLY
- touch the upward trending
- 5 waves obviously for current big A or 1
- new higher high and higher low
- still facing resistance around 100.81
- price and MACD/RSI divergence
looking forward to consolidation from 97 to 100
not a good buy opportunity for now, neither for short
if it turns out to be super strong - big jump up or suddenly break down, not prepared.

Related Ideas

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.