Update on the XAL

As I have been mentioning in previous posts, the XAL is the industry group that is best positioned for a position trade. Below is an updated chart. As you can see, we have had a pullback but it is still above it's trendline. It's relative strength has also pulled back but longer term it is also trending up.

One of the compaines inside the XAL that is holding up well is AAI. Keep an eye on it as well as the rest of the industry.