XLV SHORT prediction · chartguys · Miss
again, I'm using the term lead 2026 bull because we started extremely strong, that's no longer the case, but uh it's a grouping, that's how I mentally have them in my brain. And look at these back tests now. We're approaching all this previous resistance to see can it hold as support. And there's a number of sectors that are doing that, XLI. So, XLI, industrials, previous resistance zone, not in play yet, but coming into play. Again, the most likely scenario on this chart is a higher low and then a lower high. XLU, ruled over big time on Friday. I IYT, transportation, less clear, but again, you know, previous resistance zone being tested as support. What else? XLP, consumer staples, again, big pullback, but anything above 7933 is a weekly higher low. This is where we scout equilibriums. So, there is no sign of a weekly higher low on any of these names because of how we closed last week. But, we're getting to daily oversold in many of them with a weekly higher low as the most likely scenario. So, that's when I start to get
- Channel
- chartguys
- Prediction date
- 2026-05-23
- Horizon
- 2026-08-23
- Instrument
- XLV · SHORT
- Verdict
- Miss
- Outcome
- <strong>Miss:</strong> <span class="num red">P/L -3229.0%</span> · <span class="num red">vs SPY -2959.0%</span>
Source: Source · 16:20 ↗