$XLV - SAFE HAVEN -
Added 2024-09-16 11:50:03 +0000 UTCHealthcare should be remained as the safe haven sector.
It's been very healthy this year and has diverged considerably from the market and tech stocks.
This chart has not changed but it is worth considering this set up, with the week we have in front of us.
A retest of the 50 Day MA or the ascending triangle breakout level would be welcomed here at $151 and $148 but I can see the price action moving up to the First Target at $180 over the next 12 months, after consolidating for over 2 years under $143.
