Analyzing Pivot Points of S&P Select Materials SPDR (XLB) | XLB Stock News

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Apr 30, 2025

The S&P Select Materials SPDR (XLB, Financial) exhibits crucial pivot points for traders to observe. According to the DeMark method, the pivot high is determined at $84.27, while the pivot low stands at $83.00. Market behavior typically becomes bullish if the price ascends beyond the pivot high, whereas a decline below the pivot low often signals a bearish trend. These points serve as essential indicators for investors gauging future price movements.

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