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jamespwu

Neg. Weekly RSI divergence on the XLY

Short
SPDR Select Sector Fund - Consumer Discretionary (AMEX:XLY)  
jamespwu  
AMEX:XLY   SPDR Select Sector Fund - Consumer Discretionary
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Looking for a potential short in the XLY, as its main components AMZN, DIS, getting hit. AMZN showed a negative RSI divergence on the daily chart, the first time in a long long while. Probably won't initiate position until AMZN and DIS, NKE recovers a little.

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jamespwu
AMZN is challenged by its first major support level
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