ARTICLE SYNOPSIS...XLP is heading toward new highs.
ARTICLE SYNOPSIS...XLE shows the bullish symptoms to continue the upward rally by entering the new uptrend with a gap-up breakout.
ARTICLE SYNOPSIS...XLE has moved into the overbought area, and the daily price chart has formed a rising wedge. The sector is likely to witness a correction during the uptrend.
ARTICLE SYNOPSIS...XLF has now completed all the Elliott wave rules and guidelines for the completion of the ABC zigzag market correction. The financial market could be on the cusp of a new bull market.
ARTICLE SYNOPSIS...Examining different charts of the same sector suggests various technical resistances.
ARTICLE SYNOPSIS...After a symmetrical triangle breakdown, XLB is dragged below its initial support and may continue the decline.
ARTICLE SYNOPSIS...Each month, Trading Ticket takes a look at selected ETFs and Exchanges.
ARTICLE SYNOPSIS...XLK is undergoing healthy consolidation at all-time highs, leading to a bullish rally.
ARTICLE SYNOPSIS...The previous high in XLU was at its all-time high. The security is back to its prior high pivot and is now accumulating the strength for a further surge.
ARTICLE SYNOPSIS...An increase in volatility could initiate a new directional move.
ARTICLE SYNOPSIS...There are no indications of a reversal; bad news and the generally negative sentiment could bring prices excessively lower.