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XLP Near the End of Its Run

At best, I see a marginal new high in XLP (Consumer Staples ETF) which would almost certainly be a divergent high resulting in a failed breakout. However, I wouldn't be surprised in the least to see it break down below this rising wedge pattern before then. XLP daily April 26th

Apr 26, 2017 9:56am|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: |Comments Off on XLP Near the End of Its Run