SELECT SECTOR SPDR HEALTH CARE SECTOR ETF - XLV
Monthly chart shows renewed selling pressure this month. IF the current support and up trendline breaks, THEN look for the .618 fib level as the first downside target.
Weekly chart shows accelerated selling pressure the past 2 weeks. Look for a break of the current suport and low of $30.36 area.
Daily chart shows increased selling pressure on Friday. While the current low held last week, expect to see the low broken next week or so.
Saturday, March 15, 2008
Health Care Sector Update for 03.15.2008
Posted by TraderZ at 3/15/2008 04:07:00 PM
Labels: Financial Sector, XLF
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