Get started
Materials Select Sector SPDRMaterials Select Sector SPDRMaterials Select Sector SPDR

Materials Select Sector SPDR

No trades
See on Supercharts
Overview Analysis Holdings News
Ideas
Discussions Technicals Seasonals Options

XLB trade ideas

Possible short setup XLBHey y'all, On XLB, there is little to suggest that we aren't going to have a counter-trend rally in July. That being said, there are even fewer things suggesting that said rally would not be faded, though predicting where exactly the rally will be faded is an incredibly difficult task. If it somehow manages to push its way up to $82/share, I think it would be an incredible short, though I think it may only make it to around $80. Good luck with your trading!
AMEX:XLBShort
by MichaelEugen1
2
XLB materials broke 78, the 2021 support; 70 or 57 may be nextThe worst may not be over. A 8% inflation is very hard to fight even with monetary & fiscal policy because the FED could only control the demand side & not the supply side of inflation. With the FED making it very clear that it wont stop until inflation comes down, we may be seeing aggressive rate hikes leading to layoffs & demand destruction in the near future & in turn causing a decline in manufacturing & materials. XLB just lost the 78 (Fib 0.236) impt support since 2021. The next stop to watch very carefully is the Fib 0.383 pivot zone @70. This may come sometime in late August or early September 2022. Make-or-break zone: if 70 fails, then 64 (Fib 0.50) will offer not much support till 57 which is the pre-pandemic zone. This scenario will end the ABC correction sometime in November or in the last Quarter of 2022. Not trading advice.
AMEX:XLBShort
by xtremerider8
XLB Nearing DECADE Long 2.618 ExtensionTrading plan on chart. Need a break and retest of the $94 area before adding positions. Favoring a corrective wave to add new positions. Earnings season could be the catalyst to spike into an ending diagonal (pointed out on chart). This could be one of the top sectors for 2021 but I'd like to wait for a pullback to add. If you get anything from this post please like and share. Start the conversation/debate in the comments :) Cheers and happy trading! Casey
AMEX:XLB
by chartsareforships
1
XLB Daily TimeframeSNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes. Start believing in this strategy because it will reward believers with huge profit. There is a lot more about this strategy. It can predict and also it can give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
AMEX:XLBShort
by hadimozayan
XLB Put credit spreadEntered 4/7/2021 15:33 at green arrow - back logging the trade, not at expiry yet Higher timeframe trend is up Price making weak tops and buyers defending the proximal demand zones Price coming back into +1 sigma At base of hourly demand Potential buyers stepping in, enough to cause a time delay 77.50 sold strike is AT higher timeframe demand zone proximal edge Also at hourly flip zone and hourly continuation RBR continuation pattern for defense Put credit spread 19% ROI, 9 DTE
AMEX:XLB
by claypuzzle