Price is holding above diagonal and horizontal trendlines. If price closes below the horizontal line all bets are off. I am seeing all indicators including CCI, Stochastics and +DMI 8 show the beginning of a new uptrend. All indicators show that the etf is oversold and moving up. Very Bullish.
Another reason I like this ETF is because it's tax free due to the...
XLB just closed above a diagonal trendilne, stochastic, CCI and DMI are all moving up. The Risk/Reward Ratio is 2. I'm predicting a target price of $50.76 with a stop at $48.48
XLY is currently bouncing off support, bullish engulfing candle, Stochastic oversold and crossing 20, CCI crossing -100 and DMI- is turning down sharply. Everything collectively is giving me a buy signal with a target of around 76.75
