Monday, April 6, 2009

XLK, XLE, XLB Setting Up Nicely

The Technology, Energy, and Materials sectors are setting up the best for a position trade. I would not buy these names here because I anticipate a pullback in the market. I think over the next few months these sectors will be in a position to launch a very nice rally.

XLK- Technology

XLE- Energy

XLB- Materials

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