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GoldenCrowley
Jun 2, 2023 8:04 AM

$SPY $ES!1 $IWM - Recession Coming Quickly.... $XLB indicator Short

Materials Select Sector SPDRArca

Description

I just made this tonight as I was going over all the sectors. AMEX:XLE is about to drop off a cliff.... RIP OIL...... when I pulled this one... I was stunned by the massive drop off.... massive sell offs occurring right now before our eyes.... Only dumb money left in the market....Markets as a whole are overbought currently..... XLB is indicating that we are on the precipice of a major market correction within the next 4 weeks.... This is occurring just as the Treasury is about to unleash a truckload of treasuries on the market.....all I have to say is get ready.... be prepared for what is coming next....
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