US Consumer Discretionary ETF · open long trade
XLY at week seven: fading signal, double bottom taking shape
US Consumer Discretionary ETF · open long trade
In Summary
XLY is at week 7 of a buy signal that has lost momentum after a bearish confirmation week. A double bottom in the 114 area is providing technical support with a 7% intermediate rebound, but signal strength stands at 41 out of 100 and the trade ranks 121st among 161 open US longs — near the bottom of the list, with weak conviction.
Open BUY
·7th week from start
·US stocks
·T1
IQS Phase
48
ordinary
Signal Strength
41
medium · weak
Sizing
REDUCED
Ranking
#121 / 161
US stocks in progress
Trade P&L %
-4.61%
from signal to today
restricted Platinum content