Tag Archives: XLV
Midday Missive
XLU…37.25 close will signal the worst is over for the Utilities. XLP…a close above 40.40 will lead to another up move. XLV…as long as healthcare closes higher on the week we remain friendly. XLI…43.31 is support. XLF…must remain above 19.82 … Continue reading
Profit taking Mode…TBT Trade Alert!
XLV…has been a market leader. A close below 48.70 will put much of the board into a defensive posture before this weeks Fed Release. TBT… Sell 50% of your Long TBT @ the market
A.M. Look 5/8/13
Equitiy Indices…There is no change in the downside levels for the Spu’s & Nasd from yesterday. XLV & IYM…Healthcare & Materials look cheap compared to the other sectors I just perused. 47.20 is the trailing stop in XLV for Longs. … Continue reading
A.M. Look 4/4/13
Spu’s.. call me a reluctant Bear, we have to go 1544 sellers to break. 30 yr Bond…P&F resistance started at 145.22 yesterday which gave us initial price rejection, however we’re only concerned with the bigger macro areas which we laid … Continue reading
XLV…Healthcare
This is a good place for those that wish Risk exposure to look. Both the daily and the weekly charts have room to the upside. Any trades should be tightly managed against 40.
A.M. Look 11/28/12
Full Moon Trading with the mid-week shuffle XLF… (Financials) put in an ORL day. Follow through to the downside is needed below 15.60 to trust the pattern. KBE… (Banks) same as above. This needs sustained price action under 23 for … Continue reading