Saturday, November 28, 2015
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,862 Blog Posts

The Industrial Conclusion?

The XLI ticker symbol does not get much press, but that sector ETF for the industrials is sporting an intriguing, multi-year symmetrical triangle near resolution. Note the significance of breaking through the $38 level, on the weekly timeframe above. Led by General Electric and quite a few transports attempting to carve out an important low, the once-dead money industrials might have one final dance before the cyclical bull since March 2009 comes to a close.

Components and weightings as of 10/5/12.¬†for XLI, courtesy of Select SPDR’s.

Name Symbol Index Weight
1 General Electric Co. GE 13.66%
2 United Technologies Corp. UTX 5.17%
3 Union Pacific Corp. UNP 4.76%
4 3M Co. MMM 4.68%
5 Caterpillar Inc. CAT 4.50%
6 United Parcel Service Inc. Cl B UPS 4.04%
7 Honeywell International Inc. HON 3.82%
8 Boeing Co. BA 3.79%
9 Emerson Electric Co. EMR 2.86%
10 Danaher Corp. DHR 2.80%
11 Deere & Co. DE 2.74%
12 Cummins Inc. CMI 2.27%
13 Illinois Tool Works Inc. ITW 2.10%
14 FedEx Corp. FDX 2.05%
15 CSX Corp. CSX 2.03%
Email this to someonePrint this page
If you enjoy the content at iBankCoin, please like our Facebook page


  1. Thanks for the chart. With the election and fiscal cliff coming up, I would be really surprised if this broke upward anytime before next March. But let’s see…