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Kevin Green highlights that the Communication Services sector ETF, XLC, has recorded its first bullish MACD crossover since May 2025. An equal low has formed at the 100-week simple moving average, while the main uptrend remains steady. The 20-week simple moving average has been acting as resistance, but the relative strength index has now broken its downtrend.
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Kevin Green has previously focused on technical patterns in multiple markets. He recently highlighted that Live Cattle is now testing a six-year trend line, showing ongoing price resilience. Green has also reported that U.S. retail diesel prices are approaching a record high with refinery utilization nearing its peak.