XLP relative to SPY has be outperforming for the path 4weeks. It is now hitting resistance. If it breaks resistance it can run up quite a bit. The resistance level is also confluencing with the 50day SMA.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
