mkoas

Technical analysis for XLY pair ( SP500)

Short
BATS:XYL   Xylem Inc.
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 02 purple lines for the falling price area.(116 and 106
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