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 TECHNICALS
The Healthcare Sector (XLV) : Healthy Behavior ?
October 20 ​( From TradingView  )
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​​​​The Situation

​The Healthcare Sector ETF ( XLV ) broke at 74.79 on August 20 2015 a main
​uptrend ​channel that ​​started ​on January 2015.
( See first chart below ).

It is now trading within a steep Uptrend Channel that started back since
​August 28 with 68.02 support and 71.95 as resistance.
( See first chart below ).

​​​​The XLV ETF broke on the upside on October 15 the 20 DMA ( Day Moving ​
​Average ) ​then at 67.95. ( See first chart below - Ellipse - Yellow Trendline - Ellipse ).

The XLV ETF is near testing the 50 DMA ( Day Moving ​ ​Average ) at 70.30.
That is the one the challenge Bulls face in the next few trading sessions.​
​​ ( See first chart below - Ellipse - Red Trendline - Ellipse ).


​​​​The Healthcare Sector ETF ( XLV ) started to Outperform compare to the Mighty SP500 (SPY ETF) since October 6 2015 when it reached near the low on a relative basis reached on February 9 2015. 
That ratio (Healthcare Sector ETF ( XLV )over SPY ETF) is near​​ testing the 20 DMA ( Day Moving Average)
​ ​( See second chart below - Amber Line - Ellipse  )...

​​​​But the most interesting technical factor is that ​​the Healthcare Sector ETF ( XLV ) is now at a Major Resistance Trendline that started back on August 18 2015. ​​​​The Healthcare Sector is at Crossroads...
​​​
​​( See first chart below - Red Trendline - Ellipse)...






​ ​





The Healthcare Sector (XLV) : Healthy Behavior ?  $SPY, $XLV  #xlv #Investing #SP500
RATIO
​Healthcare Sector ETF XLV
over SP500 Index - SPY ETF
 ( Blue Line )
20 DMA ( Amber Line )​

Healthcare Sector ETF XLV
Daily Candles​
​20 DMA ( Yellow Line )​
50 DMA ( Red Line )​​
200 DMA ( Green Line )​ ​

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