This is the second biggest sector and a big reason the Dow has been dumping.
Currently outside its daily Bollinger band and its weekly Money flow is oversold..
I'm expecting a major rally in Health this month
Let's see how XLV reacts after 126.50 gap close.. I'm not expecting a V shap recovery...
Maybe some around 126-128 to form a bullish pattern then we lift to resistance.
Wait for gap close
Currently outside its daily Bollinger band and its weekly Money flow is oversold..
I'm expecting a major rally in Health this month
Let's see how XLV reacts after 126.50 gap close.. I'm not expecting a V shap recovery...
Maybe some around 126-128 to form a bullish pattern then we lift to resistance.
Wait for gap close