Health Care SPDR ETF is looking good on long term basis, testing its 5-year uptrend
On long term basis - XLV is trading firmly in 10 year uptrend (above 1st upper standard deviation from 10-year mean), but due to the recent August selloff the price is now testing its 5-year uptrend. If the price holds above the fist upper standard deviation from 5-year mean, the test will be passed, and the price will likely trend upwards from there.
On short term basis - XLF shows no particular trend, it is trading within 1st standard deviations from both 1-year and quarterly means. It is a positive moment, as nothing on the short term stands in the way of long term trends.