SELECT SECTOR SPDR TECHNOLOGY SECTOR ETF - XLK
Monthly chart shows increased selling pressure. First downside target of interest is the .618 fib retracement level of $18.06.
Weekly chart shows price to be below all key moving averages. Look for continued weakness and a test of the $19.75 low.
Daily chart shows small consolidation range. No buy signal/pattern current evident on this timeframe.
Saturday, March 01, 2008
Technology Sector Update for 03.01.2008
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