XLC Communication Services Select Sector SPDR Fund

$XLC added around 102.7, per my DCA plan. watching the gap fill at 101.61 for another buy, if it gets there. 27 RSI now - pretty rare territory for this asset. GOOGL is largest XLC holding so earnings tonight will impact. And a near-term bonus: TTWO is 5% of the basket, so the release of GTA6 in a couple weeks could be a really nice catalyst.

$XLC great place to begin DCA here - 29 RSI and below the bottom band. Strong basket of companies: Google, Meta, Disney, etc. Will add if they keep pushing it down further.

$XLC gapped down this morning, had a buy order at the 101.61 gap that filled closer to 101.

The Communication Services sector $XLC just can't seem to catch a break. Following sharp declines and a breakdown from its prolonged trading range from the past 15 months, the current plunge in shares of Alphabet ($GOOGL) are poised to fulfill the topping pattern that the sector has been suggesting. We have been telling our subscribers to Avoid (Sell/Short) the sector for months.

Communication Services ETF $XLC breaking below horizontal support at $105, proposing a theoretical downside target of $92. We have been suggesting to our subscribers that they Avoid (Sell/Short) exposure for months.

Trading Analytics with sector comparison in the communications industry. A mean reversion model surround the Telecommunications sector and the Media & Entertainment sector to see patterns in market depth.$XLC