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ContraryTrader
Nov 12, 2022 8:18 PM

ITA (Aero &Defense) Short

iShares U.S. Aerospace & Defense ETFArca

Description

Sector where names like Boeing , Lockheed Martin and Raytheon are traded..

If you look at all 3 of those , you'll notice massive moves the last 2 weeks that mirror the moves in this sector

We're are at supply area and it's looking like a reversal from here, RSI and CCI are already turning over.

Here's a link to stocks that will be exposed posed to a correction

marketwatch.com/investing/fund/ita/holdings
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