SELECT SECTOR SPDR INDUSTRIAL SECTOR ETF - XLI
Monthly chart shows price below both the 8ema and the up trendline in place. No buy signal/pattern evident on this timeframe.
Weekly chart shows consolidation/trading range. Price below all key moving averages.
Daily chart shows selling pressure came back into the market on Friday. Look to next week for better indicator of direction.
Saturday, March 15, 2008
Industrial Sector Update for 03.15.2008
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