TradingView
mkoas
Apr 11, 2024 5:22 AM

Technical Anaylysis XLY pair of S&P 500 Short

Xylem Inc.NYSE

Description

Hello everyone, today I will review the above two codes in the S&P500 ( XYL).

+ XLY weekly trend is decreasing, I will draw a trendline to analyze the falling price area
- we will use the Parallel channel tool, to determine the basic trend of this code.
- Next we will draw 05 red trenline lines to determine buying and selling trends.
- Draw 03 purple lines for the falling price area.(121, 116 and 106


thank you very much.
More