This is the second biggest sector and a big reason the Dow has been dumping.
Currently outside its daily Bollinger band and its weekly Money flow is oversold..
I'm expecting a major rally in Health this month
Let's see how XLV reacts after 126.50 gap close.. I'm not expecting a V shap recovery...
Maybe some around 126-128 to form a bullish pattern then we lift to resistance.
Wait for gap close
Currently outside its daily Bollinger band and its weekly Money flow is oversold..
I'm expecting a major rally in Health this month
Let's see how XLV reacts after 126.50 gap close.. I'm not expecting a V shap recovery...
Maybe some around 126-128 to form a bullish pattern then we lift to resistance.
Wait for gap close
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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.