TradingView
ContraryTrader
Jan 19, 2023 12:03 AM

XME (Metal sector) Short

SPDR S&P Metals & Mining ETFArca

Description

Wanted to chart this after AA alcoa earnings because Alcoa ,X ,FCX are all top holdings in this ETF which means if this ETF corrects those stocks will follow.

Rejection here, at the top of channel on and RSI. I'm looking for a pullback to 50.00 or 200sma. Double top activated below 48
More