XLB…Materials SPDR

I am liking this chart! A weekly break out looks to occur on a close over 35.17

The risk is app $1, ( 33.80 stop) Look to buy weakness on the next swan dive in the SPU with a tight stop.

While I am not advocating taking on a lot of risk into year end, I don’t mind trying something small with limited risk.

Source: CQG Inc. © All rights reserved worldwide. http://www.cqg.com

 

 

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