The following are the pivot points for the Consumer Staples Sector SPDR (XLP). Pivot High: $80.07, Pivot Low: $76.85. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XLP:
- Here Are 3 Practical Ways to Handle This Volatile Market
- Consumer Staples Sector SPDR: Pivot points
- Stock Market Today in Review – Stocks Finish Lower in High Volume Trading Session
- Stock Market Today in Review – Stocks Tank amid Tariffs and Fedspeak
- Why This Top Economist Sees Another 21% Drop for the S&P 500 (SPX)
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue