The Health Care Select Sector SPDR, trading under the ticker XLV, is at a strategic juncture, with pivotal levels defined using the DeMark method. The ETF's pivot high is established at $138.37, while the pivot low stands at $136.61.
In technical analysis terms, crossing above the pivot high is seen as a bullish signal, potentially indicating upward momentum for the ETF. Conversely, slipping below the pivot low might signal a bearish trend. Investors and traders will be closely watching these levels for signs of an upcoming breakout or breakdown in the ETF's performance.
