XLY psar bull signal

The exchange-traded fund that tracks the discretionary consumer spending sector, XLY, is behaving (no surprise) as a mirror image of the retail sector, XRT, which I analyzed earlier today.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
XLY $32.58

The points in common: Psar bull signal after a one-day bear whipsaw, high adx (37 in XLY's case), macd in bull mode but declining toward the zero line, uptrend that began Feb. 5, heavy congrestion to the upside.


A point of difference: The sto for XLY has already moved from overbought to neutral.

For Watchlist purposes, I'll track XRT as the more heavily traded issue.

You are here:

• Reversal
• $35.11, +7.8%
• $33.76, +3.6%
• $32.93, +1.1%
• Now $32.58
• Reversal
• $32.08, -1.5%
• $30.80, -5.5%
• $29.90, -8.2%
• $28.21, -13.4%

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic   

About the glance:  The colors indicate the state of each signal.

• trend: green for up, red for down, yellow for sideways
• adx: green for above 30-up, red for 20-down, yellow for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.