One of the US index that remains with a green signal (for now). Seems like it is oversold and volatility suggests it's a new lower high. Given the upside to downside ratio for today, I will be on the buy side until the signal changes.
Also, similar signals are observed in XLI, XLB and XLP. Although XLP and XLB will be a core long position starting this week and for foreseeable future. So if you are buying XLB and XLP with me, have a good risk management in place.
Goodluck
Redd
Also, similar signals are observed in XLI, XLB and XLP. Although XLP and XLB will be a core long position starting this week and for foreseeable future. So if you are buying XLB and XLP with me, have a good risk management in place.
Goodluck
Redd
Trade closed manually:
Closed in Jan 13 when signal went grey with other exposures changing
