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ContraryTrader
Feb 3, 2023 1:33 AM

XLC (Google and Meta) Short

The Communication Services Select Sector SPDR FundArca

Description

Outside its daily and weekly Bollinger bands..

Daily RSI at 80 while Money flow has been going south. That means smart money has been unloading here.

Looking for a gap close and pullback to trendline.
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