Don't Ignore This Chart!

« Previous Article | Top | Next Article »

Consumer Discretionary SPDR Forms Pennant after Breakout

The Consumer Discretionary SPDR (XLY) is showing strength with a channel breakout in November and a pennant consolidation in December. XLY surged over 1.4% on Monday to form the second low for the pennant. A breakout would signal a continuation higher.

121217xly
Click this image for a live chart

« Previous Article | Top | Next Article »

Other StockCharts Blogs

Subscribe to this blog