S+P SPDR XLV Health Care ETF was the strongest industry group on 7/14/23.
XLV technical price pattern is looking very bullish !
Shown here on the Institutional 4 Hour Chart, it shows clearly that health care stocks
are under "accumulation" by big money investors.
Interestingly, health care is considered a defensive play,
so institutional money managers may now be beginning to rotate "out"
of the high flying technology sector in a flight to quality.
The 4 Hour KST Indicator on XLV is now approaching a Buy Signal Confirmation.
XLV Close 7/14/23 131.70
THE_UNWIND
WOODS OF CONNECTICUT
XLV technical price pattern is looking very bullish !
Shown here on the Institutional 4 Hour Chart, it shows clearly that health care stocks
are under "accumulation" by big money investors.
Interestingly, health care is considered a defensive play,
so institutional money managers may now be beginning to rotate "out"
of the high flying technology sector in a flight to quality.
The 4 Hour KST Indicator on XLV is now approaching a Buy Signal Confirmation.
XLV Close 7/14/23 131.70
THE_UNWIND
WOODS OF CONNECTICUT
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。