Always consider hidden risks
The Healthcare Sector (XLV) : Testing Major Support?
March 22 2016 ​( From TradingView  )
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​​​​The Situation

​The Healthcare Sector ETF (XLV), since making tha all time high at 77.40 on
July 20 2015 is within a lower highs and lower lows technical pattern.
(See first chart below).

It is now trading within a Downtrend Channel that started back since
​March 9 2016. 
(See first chart below - Channel).

​​​​The XLV ETF broke on the downside on August 21 2015 the 200 DMA (Day Moving ​
​Average) ​then at 72.54 and tested back without being able to break it.
​ (See first chart below - Green Trendline - Ellipse ).

The XLV ETF is within a congestion zone as near the 20 and 50 DMA (Day Moving ​ ​Average).
That is one the challenge Bulls face in the next few trading sessions.​
​​ (See first chart below - Red Trendline).

​​​​The Healthcare Sector ETF (XLV) started to underperform tremendously compare to the Mighty SP500 (SPY ETF) since January 20 2016. That ratio (Healthcare Sector ETF (XLV) over SPY ETF) since then broke on a relative basis the 20, 50 and 200 DMA (Day Moving Average).  ​(See second chart below)...

​​​​But the most interesting technical factor is that ​​the Healthcare Sector ETF (XLV) is now on a relative basis (SPY ETF) at a Major Support Trendline that started back on February 22 2011. ​​​​The Healthcare Sector is definitively at Crossroads... ​​​
​​(See second chart below - Red Trendline - Ellipse)...

​ ​

The Healthcare Sector (XLV) : Testing Major Support?  $SPY, $XLV  #xlv #Investing #SP500
​Healthcare Sector ETF XLV
over SP500 Index - SPY ETF (Daily Candles​)
​20 DMA ( Yellow Line )​
50 DMA ( Red Line )​​
200 DMA ( Green Line )​ ​

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