Trading Strategy – Technology Select Sector SPDR ETF

 

Some of the themes seen through the first few months of 2017 have continued Monday, the Technology Select Sector SPDR ETF (XLK) has handily outperformed, rose 0.09% to 57.24.  According to our “U.S. Market Trading Map”, there could be more gains ahead for the ETF.  Below is an update look at a trade in XLK.

TechnologyETF_20170605

Chart 1.1 – Technology Select Sector SPDR ETF (weekly)

Our “U.S. Market Trading Map” painted XLK bars in bright green (strong buy).  XLK has been on a tear in recent days following the late April breakout.  The rally pushed XLK up against key technical level…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?

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