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XLK - should be srarting the upward correction soon
SPDR Select Sector Fund - Technology
(
AMEX:XLK
)
TheLazyBrother
Premium
AMEX:XLK
SPDR Select Sector Fund - Technology
Trend Analysis
Wave Analysis
0
0
trendanalysis
waveanalysis
XLK could have completed the impulse to the downside, with some possibility left for one more poke . At least that is what the divergence in momentum is suggesting. Two gaps, conveniently located at fibonacci levels shouls serve as resistance.
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XLK - bear to resume
TheLazyBrother
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about
XLK
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