XLY top weighted stocks : Tesla, HD, Amazon, MCD ..
Showing STRENGTH relative to SPY with bullish breakout of pennant and breakout of the recent down trend line....
While Apple and Microsoft are turning down, Tesla has been strong grinding it's way to over $800 and appears to be headed for ATH's next...
It will be interesting to see if we get a big breakout in XLY as we enter the end of year and Santa rally where consumer's are bound to increase their spending...
Showing STRENGTH relative to SPY with bullish breakout of pennant and breakout of the recent down trend line....
While Apple and Microsoft are turning down, Tesla has been strong grinding it's way to over $800 and appears to be headed for ATH's next...
It will be interesting to see if we get a big breakout in XLY as we enter the end of year and Santa rally where consumer's are bound to increase their spending...