So previously I thought we were building out a massive 1-2 to the upside, but that expectation has gone to the backseat after last week's action was impressively more bearish that I expected. Therefore, my primary expectation now is that we head to the 160 region in the next month, and after that a mind boggling rally to new ATHs (~200) In that phase of the rally, I expect XLI to have a similar setup
Trade closed manually:
I think we will see another day or two of squeeze first though
Comment:
Oops, forgot to re-enable it after said sqeezes. Oh well
