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TrueTraderOfficial
Sep 12, 2021 1:36 PM

Sunday Prep 9/12 - $XLC Communication Services Looks Decent Long

The Communication Services Select Sector SPDR FundArca

Description

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.

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