XLP consumer dstaples weekly chart exhibits the same characteristics as does most sectors these days; overbot, rising wedge, negative divergence. Very ominous indeed. As XLP tops and rolls over in the coming weeks a reasonable target would be the high volume candle days last summer in the 27-ish area. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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