XLE

Daily, Log scale, recently hit channel top, potentially forming H&S? Currently inside of demand area, no significant bounce.

Weekly showing breakout, orange trendline maybe a place for it to bounce? Maybe a reversal back into channel?

XLF

Daily, in breakdown from longer term channel, hit bottom of short term channel. May want to retest this area of bad structure.

Weekly coming down from a breakdown of channel topping, weekly demand area still below where “recovery” seemingly happened, for me…no trade until levels are hit. Maybe run into weekly supply area shown here before continuing back downwards?

XLU

XLU Daily hitting daily demand line, running 7.5%, closing just below trend line. No trade for me until supply/demand looks more definitive.

Weekly, bouncing off channel bottom back into “current channel” (blue)….for me this is a “wait and see”

XLI

Daily recovering from a recent demand line hit ~ 85.95, ran 3.5%. In between levels, in channel, in no man’s land at this point, I see no trade here currently. Likely to retest this area of bad structure, possibly the supply level before resuming trend

Weekly, no man’s land. Probably look for a bounce around the weekly demand, but otherwise no trade for me here in the mean time.

GLD

Hit demand area, recovered back into channel, rejected below…just frustrating.

Weekly shows promise after a cup and handle breakout, hitting this trend line that it *has* been reacting too. Almost given up on gold…is it really the inflation hedge we’ve been told it is?

GDX

Daily hit a demand line area, seems to be recovering. This week should tell?

Weekly, trend line broken…maybe a bounce on the channel?

GDXJ

Daily hit trend line, seemingly recovered. Who knows.

Weekly tells different story….broke channel, back tested, rejected….possibly heading for COVID lows?

SLV

Daily hovering in this area of bad structure test, seems to be boxed in for the moment….

Weekly consolidating here, maybe it wants to touch channel bottom before possibly testing areas upwards?

XLK

Daily reacting off channel bottom….no demand area I see for this reaction….

Weekly, log scale, looking like it wants to test weekly demand area before making a move anywhere

XLV

Daily recovering after hitting an area of bad structure…. right into daily channel resistance….should be interesting this week?

Weekly, log scale, breaking down from channel top (7 year channel)…may want to wait until weekly demand area test before trying any kind of move here long?

XLY

XLY Daily reacting off channel bottom….watch for supply area here?

Weekly…breakdown from channel, potential backtest coming up….

XLP

Daily….potential current channel breakout? Backtest of old channel or possibly supply area?

Weekly: “Daily breakout” appears to be a test/reaction off the weekly demand area here:

XLC

Daily 7.2% positive reaction off demand area coinciding with approximate channel bottom…watch for retest of supply area noted before possibly entering short

Weekly tells different story…log scale….back test of channel bottom after breaking thru….really no trade for me here, this sector seems to be in an overall downtrend

XOP

Daily…log scale…had a 5.7% reaction off of daily demand area before finishing day 2% above demand area.

Weekly…failed breakout reversal back into channel recently. Maybe a retest of the channel top before continuing lower?

XBI

Daily just seemingly (possibly) double bottomed after testing COVID low area? Broke back into channel, retested channel bottom and closed above on Friday.

Weekly showing similar sentiment…..COVID low bounce, possibly wants to back test channel bottom before deciding on its trend?

SMH

SMH daily playing around in demand area before following overall market trend last week upwards

Weekly *log scale* showing action around potential channel bottom but nothing I’m trading or making moves on…

BTC

Daily… coming from what appears to be a H&S breakdown….it’s now consolidating in no man’s land…no trade for me here, let it do what it’s going to do at this point. Kinda looking like a bearflag here but uncertain as it’d be pretty messy.

Weekly, we’re right around a demand area….something to watch here

ETH

Daily just chopping around levels here after breakdown from overall head and shoulders…..no trade for me with this one….

Weekly in chop area after possible H&S breakdown here….hasn’t hit a weekly demand area yet, seems to have more downside potential that BTC at this point