XLP Weekly Chart
Consumer staples sector, or in other words the companies we shop from on a daily. EX: COSTCO, WALMART, TARGET. This chart is prefect, this level is just so clear to see. We have multiple touches of this resistance/supply level, and we had one false breakout back in April 2022. How many times can a level be tested before it decides to breakout? We are back at this level once again, my guess is we actually break this time and move on from this level.
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