SELECT SECTOR SPDR HEALTH CARE ETF - XLV
Monthly chart shows continued weakness, with price below all key moving averages. No buy signal/pattern evident on this timeframe.
Weekly chart shows increased selling pressure. Look for test of January low and then a break of the low.
Daily chart better shows the increased selling on the last 2 days of the past week. Expect a test of the January low as a minimum downside target.
Saturday, March 08, 2008
Health Care Sector Update for 03.08.2008
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