Market Overview

Consumer Discretionary Select Sector SPDR Fund: The Trend Continues Up (XLY)

(via COMTEX News Network)--

SmarTrend identified an Uptrend for Consumer Discretionary Select Sector SPDR Fund (AMEX: XLY) on July 26, 2010 at $31.74. In approximately 2 months, Consumer Discretionary Select Sector SPDR Fund has returned 7.2% as of today's recent price of $34.01.

Consumer Discretionary Select Sector SPDR Fund is currently above its 50-day moving average of $32.03 and above its 200-day moving average of $31.71. Look for these moving averages to climb to confirm the company's upward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Consumer Discretionary Select Sector SPDR Fund shares.

Write to Chip Brian at


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit

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