BATS:XLY   SPDR Select Sector Fund - Consumer Discretionary
Tesla missed on earnings. Huge decline for this leading EV stock.

Tesla was already getting oversold on the daily chart, & now with this decline its a salavating opportunity for day traders.

I still think the true swing trade level is a bit lower from here. This weekly close will tell us more.

We have included an analysis of the XLY sector (Consumer Discretionary). We discuss 3 signals that have only ever happened over a 25 year period. The weekly Golden Cross.

Often this Weekly Golden cross is bullish long term but historically weak price follows in the short term.


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