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Back to Ideas
XLK LONG

SPDR Select Sector Fund - Techn

In Progress
Progress to Target
Current
Entry
$191.44
Target
$205.00
Stop Loss
$183.00
Potential
R/R

Investment Thesis

XLK has completed a healthy 13% bull-market correction from its 52-week high, with RSI resetting to a neutral 50 and relative strength versus SPY making new recovery highs. The dip was bought, the trend is intact, and the path to a retest of $198 — and beyond — is technically open.

Why It May Work

Why It May Not Work

Timeline

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