XLV trade ideas
New lows?I mean if the market is done... This is too... Awesome sector to get back into when we bottom tho...
XLV was already in Weak momentum stage Long TermXLV Will likely fade this week loosing another momentum zone intermediate. Very good chance we are going to retest the longer term trend line.
XLV looks like more legs into the EOYLooks like Health Care off Trump docket for the time being. He is all caught up Tariff talk.
XLV Bearish Divergence - Short/Neutral OutlookSector has been hot for a while. Its time for either a pull back or consolidation so the plan is to sell a call spread.
Bearish Divergence on the momentum indicators. Once the daily RSI is pointing down ward, this will be a great opportunity.
Bearish Cypher & Bearish ButterflyHealthcare is showing some weakness on the weekly time frame... It has formed a large bearish Cypher with an internal bearish butterfly. It seems some bearish divergence is starting to form too, which could indicate a shift of momentum to the downside.
XLV ETF Long Term Trend AnalysisXLV ETF Long Term Trend Analysis focusing on long term trends on a 1 week period basis
Last 3 weeks was great for Health Care sector like the majority and now we are on the top of this channel, Hard to short but keep an eye on.
Healthcare moving higher Last week was energy breaking out. This week is healthcare.
3 day chart
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Long Healthcare SectorI am going long the healthcare sector ETF due to a new all-time high and break from a base. Open-ended target to hold.
Bullish Pennant Pattern BreakoutLooking for higher levels from this bullish pattern breakout. To see targets join as a VIP member.
Bearish on XLVThe open interest (OI) on the 15-Sep-17 79.00 strike decreased by 20 call contracts and increased by 14,973 puts. The total OI for the expiration was increased by 14,920.
