charlie12

XLK: Diamond Top

Long
charlie12 Updated   
AMEX:XLK   SPDR Select Sector Fund - Technology
XLK has had a great run, but it's extended. I'm watching for a quick pullback before continuation. But much will depend on the overall markets. I marked a couple other levels that I'm watching in case we see a more significant breakdown.

Happy Trading,
Charles
Comment:
Moment of truth. If the 20 hour can hold we should see the continuation to the upside.
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