XLY Slips Below Moving Averages, Testing $116.86
XLY (XLY) fell 0.17% to finish at $116.86 on March 2.
From a technical standpoint, the outlook appears mixed:
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $114.09.
Watch $114.09 as support and $121.43 as resistance.