One of the US index that remains with a green signal (for now). Seems like it is oversold and volatility suggests it's a new lower high. Given the upside to downside ratio for today, I will be on the buy side until the signal changes.
Also, similar signals are observed in XLI, XLB and XLP. Although XLP and XLB will be a core long position starting this week and for foreseeable future. So if you are buying XLB and XLP with me, have a good risk management in place.
Goodluck
Redd
Also, similar signals are observed in XLI, XLB and XLP. Although XLP and XLB will be a core long position starting this week and for foreseeable future. So if you are buying XLB and XLP with me, have a good risk management in place.
Goodluck
Redd
Trade closed manually
Closed in Jan 13 when signal went grey with other exposures changing
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.