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Technical Anaylysis XLY pair of S&P 500
Hello everyone, today I will review the above two codes in the S&P500 ( XYL).
+ XLY weekly trend is decreasing, I will draw a trendline to analyze the falling price area
- we will use the Parallel channel tool, to determine the basic trend of this code.
- Next we will draw 05 red trenline lines to determine buying and selling trends.
- Draw 03 purple lines for the falling price area.(121, 116 and 106
thank you very much.
+ XLY weekly trend is decreasing, I will draw a trendline to analyze the falling price area
- we will use the Parallel channel tool, to determine the basic trend of this code.
- Next we will draw 05 red trenline lines to determine buying and selling trends.
- Draw 03 purple lines for the falling price area.(121, 116 and 106
thank you very much.
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