Welcome to Capital Essence

Sign up for a FREE MEMBERSHIP to read tons of free content. Take a 30-DAY Trial Offer to access premium research and trading strategy. Check out our Investment Blog for the latest trading/investment ideas. If you want to go beyond the latest numbers, our Market Outlook will tell you why the market does what it does and what it means for the next day’s trading.

 
One of the more noteworthy developments in recent days has been the move in Healthcare sector.  Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (XLV), which is up 0.43% on the day, and up 4.2% YTD, outperformed the S&P.  Now the question is whether the rally has more legs?  Below is an update look at a trade in XLV.

The graphic below is from our “U.S. Market Trading Map”, show the near-term technical bias and trading ranges.  As shown, the underlying is in a short-term bullish trend when the price bars are painted in green.  The underlying is in a short-term bearish trend when the price bars are painted in red. 

Chart 1.1 – Health Care Select Sector SPDR ETF (weekly)

Our “U.S. Market Trading Map” painted XLV bar in green (buy) – see area ‘A’ in the chart.  XLV has been on a tear in recent days after the late December pullback found support near the 2017 rising trend line.  This week’s rally confirmed…Click here to read more.

You see, our trend-following system is very unique as it attempts to pick turns before others see them. Timing is everything and if you’ve applied our system correctly, you should have made a killing in any markets.

 

This is just an example of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?

Subscribe to CEM News to receive more in-depth research from Capital Essence.

P.S. Take advantage of the 30 days special trial [new member only]. Join a small group of elite traders and receiving these daily trading ideas by click here to subscribe.

Archives

Translate this Page