WEEKEND SECTOR CHARTS

xle - energy / daily


flag broke as expected. a trip to that ol highs-point-to-lows lever would surely drag spy through it's neckline (previous post)







xle / 10d/60m


nothing on the hourly to suggest its over. imo, we need to see 2-3hrs of rising smi







xly - consumer discretionary / daily



yes i think folks are way too negative atm for stocks to train wreck. but i don't recall ever seeing a daily like this one get well







xlk - tech / daily



at least the #1 sp weighting is sitting on a trendline








xlk / 10d/60m


again, wouldn't touch it w/o that 2-3hr rising smi