Sunday, February 24, 2008

XLK Update for 02.24.2008

SELECT SECTOR SPDR TECHNOLOGY ETF - XLK

Monthly chart shows continued weakness. No buy signal/pattern on this timeframe.

Weekly chart shows consolidation and weakness. No buy pattern/signal evident on this timeframe.

Daily chart shows consolidation consolidation range. Price below all key moving averages. Look to next week for better signal.

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