XLB basic materials sector weekly chart showing the same rolling over behavior as many other sectors. Overbot conditions, rising wedge, negative divergence and spinning top candle started the move down. XLB dropped out of the upward sloping channel this week. Topping and rolling over behavior. 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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