XSD
JAN 19-30C'sanother option position on lower low playing the trend. always nice to buy on a green day for slight discount $XSD $SMH $QQQ AH helped
winners and losers X-rayWe can see clearly in this x-ray of the major index of USA there is a clear evolution in the last 3 months, you can clearly identify two sides, One that of the winners, made up of sectors such as;; Kie ( insurers ) / ITA ( defense, aerospace ) / splrct ( tech s&p 500 ) , .
and on the other , you can see the side of the losers, :: made up of sectors of :: kbe ( bank ) / xbi ( biotech ) / xrt ( retail ) / xsd ( semiconductors )
// clearly there is a separation between sectors. ¡¡
whose benefits are positive, // and other sectors whose benefits are Not positive. take note about it.
Semiconductors Short TradeAs you can see, we are way above the mean. RSI has been OB for too long on the weekly chart... it is time for a retracement. I am not in trade yet, waiting a couple more days for confirmation.
