$XLE bottomed and looking to move higherAMEX:XLE discretionary ETF showing bottoming and reversal after a few months of decline. Positive = bullish.
About SPDR Select Sector Fund - Consumer Discretionary
XLY WCA - Inv H&SSector: Consumer Discretionary Select Sector SPDR Fund
Ticker: XLY
Exchange: NYSE Arca
Industry: Exchange-Traded Fund
Introduction:
Welcome to our weekly technical analysis. Today, we're looking at the Consumer Discretionary Select Sector SPDR Fund (XLY), listed on the NYSE Arca exchange. The we
$XLY 4H timeframe (uptrend)AMEX:XLY
4H timeframe
Uptrend channel (retracing 28th December 2022 lows & 2d February highs)
valid as long as it can hold 143.85$, loss of 146.46 is a big warning.
In order to spot the potential next targets, I retraced 1st December 2022 highs to 28th December 2022 lows and generated Fi
$XLY Consumer Discretionary AMEX:XLY
Top 10 holdings:
Amazon.com, Inc.24.65%
Tesla, Inc.13.65%
Home Depot, Inc.8.97%
McDonald's Corporation4.71%
NIKE, Inc. Class B4.55%
Starbucks Corporation3.91%
Lowe's Companies, Inc.3.88%
Booking Holdings Inc.3.27%
TJX Companies Inc2.92%
O'Reilly Automotive, Inc.1.88%
Top 10 Sectors
XLY set to decline
* Failed 2u on quarterly; still time to go outside quarter
* Failed 2u on monthly; out of time to go outside, but negative momentum
* Clear rejection of bearish trendline on weekly chart. No real support until it falls to 127 (currently 143.66)
* Daily chart shows bulls mounted one more challenge
XLY daily retest of the trendlinebreakSell XLY NOV 18 '22 131 Put Limit 0.45 GTC
XLY daily retest of the trendlinebreak if we hold it we go higher.
XLY Rate of ChangeBalance Breaker, XLY is losing steam quickly. True Fib reveals all...Low 09' to top in 21'
Consumer Discretionary Select Sector SPDR Fund ($XLY) Short$XLY is the ticker symbol for the Consumer Discretionary Select Sector SPDR Fund. It is an exchange-traded fund (ETF) that invests in companies that are part of the consumer discretionary sector, which includes companies that sell non-essential goods and services such as retail, media, travel, and l
XLY (Tsla and amzn)... looks like a bull flag here...
If this breaks over 148 you should see those 2 stocks take a major leg up
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
