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TheLazyBrother

XLK - should be srarting the upward correction soon

SPDR Select Sector Fund - Technology (AMEX:XLK)  
TheLazyBrother  
AMEX:XLK   SPDR Select Sector Fund - Technology
Trend Analysis Wave Analysis
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trendanalysis waveanalysis
XLK could have completed the impulse to the downside, with some possibility left for one more poke . At least that is what the divergence in momentum is suggesting. Two gaps, conveniently located at fibonacci levels shouls serve as resistance.

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TheLazyBrother
XLK - bear to resume
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