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Index Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

Consumer Discretionary Select Sector SPDR Fund (GIF:XLY)

Countertrend Up (+85) - XLY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid XLY?

MarketClub looks at technical strength and momentum to determine if the timing is right for XLY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_XLY
Open High Low XLY Price Change
151.370 152.994 151.146 152.971 +1.353
Entry Signal

MarketClub’s Trade Triangles for XLY

long term up The long-term trend has been UP since Sep 2nd, 2020 at 151.708

intermediate term up The intermediate-term trend has been UP since Sep 2nd, 2020 at 151.708

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 151.802

Smart Scan Analysis for XLY

Based on our trend formula, XLY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for XLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.370 152.994 151.146 152.971 +1.353
Prev. Close Volume Bid Ask Time
148.819 0 2020-10-23 19:02:53
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