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jsaettele

XLK Triple 3 Correction

Long
SPDR Select Sector Fund - Technology (AMEX:XLK)  
jsaettele  
AMEX:XLK   SPDR Select Sector Fund - Technology
Trend Analysis Chart Patterns Wave Analysis XLK
0
2
trendanalysis chartpattern waveanalysis xlk
Each leg of the decline in XLK looks like 3 waves. As such, the entire drop is considered a 'triple 3' correction (zigzags subdivided by X waves). Do you see something different? Let me know. -Jamie
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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