SELECT SECTOR SPDR MATERIALS SECTOR ETF - XLB
Monthly chart shows consolidation/trading range with up trend in place. No buy signal/pattern evident on this timeframe.
Weekly chart shows price above all the key moving averages.
Daily chart shows increased selling pressure on Friday. Look to next week for better sense of direction.
Saturday, March 15, 2008
Materials Sector Update for 03.15.2008
Posted by TraderZ at 3/15/2008 04:16:00 PM
Labels: Materials Sector, XLB
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