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XLI could be on the verge of breaking down.
SPDR Select Sector Fund - Industrial
XLI could be on the verge of breaking down.
By Trading-Capital
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Sep 11, 2023
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Sep 11, 2023
A close above the neckline negates the bearish pattern.
If Weak ISM data continues you could see more weakness in this sector.
A pair trade I'm watching is Long GE / Short XLI
Chart Patterns
Fundamental Analysis
GE
industrials
ISM
SPDR S&P 500 ETF (SPY)
Trend Analysis
XLI
Trading-Capital
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