Marek99

IXC Very Bearish Outlook

AMEX:IXC   ISHARES GLOBAL ENERGY ETF
This is a classic bearish breakout, couldn't reach 78.6 with this move, so a breakdown to 50% line is on its way.
EDIT: One small mistake on that chart stop loss should be 39.06

This is also a similar outlook for SPX             ...
mmm
snapshot
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