Sunday Prep 9/12 - $XLC Communication Services Looks Decent
AMEX:XLC The Communication Services Select Sector SPDR Fund
What a change in this from last week. Red across the board. When you look at all the sector ETFs, you also see a LOT of the charts look like they are hanging on by a thread and may take a tumble. One of the few that I thought still looks pretty decent is the Communication Services. The $XLC chart is pulling back into a real nice area and may have some strength this week. Will be monitoring.