$XLY Consumer Discretionary
XLY Top 10 holdings:
Amazon.com, Inc.24.65%
Tesla, Inc.13.65%
Home Depot, Inc.8.97%
McDonald's Corporation4.71%
NIKE, Inc. Class B4.55%
Starbucks Corporation3.91%
Lowe's Companies, Inc.3.88%
Booking Holdings Inc.3.27%
TJX Companies Inc2.92%
O'Reilly Automotive, Inc.1.88%
Top 10 Sectors
Retail Trade49.52%
Consumer Services21.77%
Consumer Durables20.56%
Consumer Non-Durables4.93%
Producer Manufacturing1.25%
Distribution Services1.18%
Electronic Technology0.51%
Non-Energy Minerals0.16%
ETF/Mutual Fund or Others0.12%
2021 ATH Anchored VWAP (orange)
2022 August highs Anchored VWAP (green)
Currently trading above: 50DMA, 100DMA, 200DMA
2021-2022 Downtrend channel broke (0 resistance line), breach of 0 trendline (resistance) tends to push the price to -0.272 or -0.618 for more extended move before bouncing back and retest 0 trendline. It did it perfectly: broke 0, hit -0.272, bounced back to 0, before climbing toward -0.618. Each breached channel turns into resistance (Principle of Polarity).
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