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DownloadMaterial Select SPDR Trend Reversal
ARTICLE SYNOPSIS...XLB has been in a long-term uptrend since 2002 but may be getting ready to reverse its trend. A symmetrical triangle has formed on the daily chart and has signaled a trend reversal.
Material Select Sector May Retest Other Supports
ARTICLE SYNOPSIS...After a symmetrical triangle breakdown, XLB is dragged below its initial support and may continue the decline.
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