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April 25, 2023- Health Care Select Sector SPDR Fund drawing closer to significant resistance at $135.39 with potentially further upside ahead
Health Care Select Sector SPDR Fund is on a 3 day bullish run gaining 90 cents (1.24%). Yesterday's session pointed in the same direction — a bright session dominated by bullish sentiment helped XLV to close 75 cents higher, while setting a $134.1 to $135.09 session range.
The fund has been trending positively for about a month. Health Care Select Sector SPDR Fund has recovered 12% since descending to a significant low of $119.89 around 10 months ago.
Health Care Select Sector SPDR Fund's notable support and resistance levels: Health Care Select Sector SPDR Fund could be slowing down soon as it approaches resistance at $135.39. Of course, crossing it might suggest further gains are ahead.
Other markets are also showing gains as Medtronic went up by 4.62% yesterday, and closed at $89.69. Exxon Mobil soars 1.89% yesterday and closed at $116.
Meanwhile, AT&T lost 3.79% yesterday and closed at $18.22.
Upcoming fundamentals: projections for United States Core Durable Goods Orders are set for a continuation of decline with -0.2% while previous data was -0.1%; data will be released tomorrow at 12:30 UTC.
