Over the past 5-years, Health Care stocks have done well. Actually they have done very well, as they are the leading performing sector, of the 9 key sectors that make up the S&P 500 (see lower left inset table).

(Click on image to enlarge)

Health Care ETF (XLV) remains inside of 6-year rising channel (A). It touched support of the rising channel a couple of months ago, which held.

Now XLV is testing falling resistance at (1) above.

A breakout of resistance, would be a positive and if it happens, should attract buyers.