XLY swing long idea

Hey all, I think XLY is setting up quite nicely for a rally towards the end of July. I think it is actually setting up quite similarly to how it did in March, and I went ahead and boxed where exactly I think we are in March. Regardless of if it is copying March or not, I think it has based quite nicely, and is definitely positioned to rally higher, though it is still in a macro downtrend.