Global Ideas: SPDR S&P Software & Services ETF

Research Notes For 09 to 13 June > https://www.unum.capital/post/r0913june

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Short term: high bullish momentum/approaching overbought.

Long term: looking to emerge from a multi-month consolidation as well as a base.

Code: XSW

Current Price (pre-market Friday, 06 June): $183.66

Stop-loss: A weekly Close Below $168.20

Target: $215.00

Strategy: Buy on a pullback

Lester Davids

Senior Investment Analyst: Unum Capital