XLK: Understanding Key Pivot Points and Market Indicators | XLK Stock News

Apr 29, 2025

The Technology Select Sector SPDR (XLK, Financial) has observed significant pivot points, with a high at $208.68 and a low at $204.47. These figures are derived from the DeMark method, a popular technical analysis tool. In market analysis, surpassing the pivot high is typically seen as a positive (bullish) signal, while falling below the pivot low is considered negative (bearish). Investors often use these indicators to gauge potential market trends and make informed trading decisions.

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