Weekly chart of XLY since 2009 bottom. Looks to be forming possible H&S top with RSI bearishly diverging. May not confirm H&S, but not one to be long, IMO.
Also, note numerous high volume DOWN days with very few high volume UP days. (See box in lower right hand corner)
Also, note numerous high volume DOWN days with very few high volume UP days. (See box in lower right hand corner)
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