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asdf098
Jan 8, 2022 3:07 AM

$XLV going to outperform $SPY (5/5) Long

XLV/SPYArca

Description

Conviction: 5/5
Health Care (AMEX:XLV) is looking very attractive relative to S&P 500 (AMEX:SPY), just bounced off of long-term (2022) support on a relative basis.

RSI-M at oversold levels (obviously), while RSI-W seems to have put in a bullish divergence?

Let's see which channel wins, but I think long-term one is stronger.
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