Get started
wallstreetsharks

XLC 5 wave completion (New -ve Delta Butterfly Spread )

Short
The Communication Services Select Sector SPDR Fund (AMEX:XLC)  
wallstreetsharks  
AMEX:XLC   The Communication Services Select Sector SPDR Fund
Technical Indicators Wave Analysis XLC communications communicationservices
6
0
indicator waveanalysis xlc communications communicationservices
XLC is dancing on the edge of a potential decline with significant resistance and a potential double top into the 57.62 level. We are considering this entire 5 wave impulse as complete with a potential (A), (B), (C) decline. Looking to place a 60/49/47 Put Debit Butterfly expiring Aug 21st with debit no more than 3.60
Disclaimer

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.