XLK (Short)
Updated
Whats up Traders
Tech section is taking a pounding -
I expect that the midterm elections are going to be horrible for the tech sector - Twitter, Facebook, Google, with lots and lots of threats at regulation on those companies.
Expect a big opportunity to score here with some november puts on this one.
Good Luck, DYOR
Tech section is taking a pounding -
I expect that the midterm elections are going to be horrible for the tech sector - Twitter, Facebook, Google, with lots and lots of threats at regulation on those companies.
Expect a big opportunity to score here with some november puts on this one.
Good Luck, DYOR
Comment
This chart played out well. There is still downside to come. Fundamentally, as well as technically.
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