SELECT SECTOR SPDR TRUST SBI CONSUMER DISCRETIONARY

XLY NYSE ARCA & MKT

drewby4321

For Growth Investors, there were a few shocking days over the past months where the indexes went up but our portfolios went sideways or down. There's no worse feeling than having the market go up and have your portfolio go down. The cause was sector rotations as investors moved into "discounted" stocks that were hit the worst during the market crash of 2020...

Moneymakero

DKNG has formed another Elliott correction wave abc. Whats more, XLY is still looking bullish which means we can expect DKNG to go up higher. Got my eye on 21st May $65.00 Call.

burtnette

Consolidating at a reasonable level. We'll continue to see a different market than we've had over the past few years as long as this ratio is below the 1.618 extension imo.

drewby4321

The past week there was rotation into Energy (XLE). There is precedent for rotations into energy marking tops and continuing as safe havens during corrections. In the bottom chart, you see the rotation happening in September 2018, just before three months of market declines (21% on S%P 500 and 24% for Nasdaq). Looking back further to the 2000 tech bubble, look...

vlaire

(This is not financial advice) Hey guys, just a quick comparison between the different sectors. Take it as wish just thought it was interesting to see which is the most profitable over the past few months. - Vlaire

Moneymakero

Inter-market analysis is the forefront of this questions. If you notice a fractal on a lower time frame of a stock seek corroboration with its respective sector. If you notice the sector going up most likely the stock will follow. The fractals help me identify entry points.

Moneymakero

This is how I knew Tesla was ready to reach new highs. Stocks tend to follow their respective sectors. I noticed the fractal on XLY a few weeks and recently started noticing the same pattern open TSLA, this means that Tesla is looking to head up. I only trade Elliott Correction Waves. I do this because it's the only tradable pattern that I can quickly observe....

NightMan_FutureMan

XLI - July

justperfectmint

XLY possible descending triangle pattern

madisonsoun97

The more I make these posts, you will see how much I enjoy investing and swing trading Sector Select SPDR ETFs. Besides Financials (XLF) and Energy (XLE), the Consumer Discretionary (XLY) industries are great places to be situated in during a rebound in the economy. With interest rates projected to rise, many have come to believe that inflation has risen above...

TaPlot

The select SPDR industrial ETF broke out to ATHs 4 days ago and now pulling back into that breakout level providing for a breakout/pullback entry setup. Watch that support level for signs of bottoming out and resumption of the breakout.

SnipersCapital

no confirmation = no trade no profit margin = no trade must get a confirmation on LTF Either 15M Timeframe or 10M or 5M we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in! that's how i enter 99% of my trades

SnipersCapital

no confirmation = no trade no profit margin = no trade must get a confirmation on LTF Either 15M Timeframe or 10M or 5M we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in! that's how i enter 99% of my trades

bcrossley

Confluence among VIX7d,VVIX7d, F&G indicator.

Parad0x_

Setting up to start working back up to the 90 level. Might be a nice swing next week. (2.1.21). 1) Volume is picking up over the last few days 2) RSI is looking higher. Still be low 50, but a move across the 50 line might signal a move back up. 3) MACD contracting toward bullish, might be a signal more bullish movements might be coming soon as people rotate out...

nilray

Pretty strong divergences had shown up using top 4 SP Sector ETFs as custom index at the open, trade signal was the changes in zero lag MA and MACD

ElliottWaveBro

Possible count Expecting down trend corrective wave ② Practicing with Fibonacci tools

cyclewave

XLY - The consumer discretionary index has completed impulse cycle from major low and started the price correction. Sell it with stop level above 155.98 for abc flat correction down for target near 145 or lower. Give thumbs up if you really like the trade idea.