Ape

XLY Triple Top on Negative Divergence

Short
BATS:XLY   SPDR Select Sector Fund - Consumer Discretionary
1
XLY looks bearish to me. Mainly because as price attempts to break its' resistance line, the internals look weak. For now I am biased to the short side. First looking for a close below the linear regression line of 51. However if it can break through resistance and close above 51.25 we may have to wait on the short.

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