XAR- Short from current levels to 51 area

AMEX:XAR   SPDR S&P Aerospace & Defense ETF
XAR has lots of weakness, it is in a weak sector & moneyflow is very weak, and the overall market is weak now. Moreover it has a lot of insider selling. On the technical side it is forming a declining neckline head & shoulder formation.

Overall it looks very good short.

You can check our detailed analysis on XAR in the trading room/ Executive summary link here-
Time Span: 3:00"
Trade Status: Pending

Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at

Check out some of our free video examples @

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.