BATS:XLY   CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND
401 7 2
Keeping an eye on this guy. Mixed signals from RSI so watching price. Leaning bearish but not acting on it yet.
I posted an update with a different look (and same conclusions) here:
Fib view on XLY
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quick bounce today to the 10/20D confluence. We can add short exposure against the area (it may probe there again). This might just be all the bounce we get...
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thanks for the update
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Thurday we get data on US consumer spending
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ATMcharts QuantitativeExhaustion
thanks for the heads up! Catalyst perhaps?
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Personal Consumption Expenditures 08:30 Feb. 28


08:30 Friday Morning March 1st Core Personal Consumption Expenditure
http://www.fxstreet.com/fundamental/economic-calendar/
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ATMcharts QuantitativeExhaustion
sweet link! Also the same reason why I don't trade FX...sooo much data
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