As the price of oil falls, we expect Oil ETF's to fall in line with it. Note this chart pattern indicates a breakout imminent either way. The Fibonacci levels give some intermediate profit targets before the point of support around $30.
XLV could move nicely as the healthcare stocks continue to advance, watch for a breakout with volume to take the trade and stop 8% down
The South Korea ETF (EWY) has formed a classic turnaround chart pattern with a Rectangle Bottom break in March, and a break of the 200 day moving average in April. The 50 day moving average is approaching the 200 day moving average from down below and a Resurrection Cross looks imminent. The South Korea ETF (EWY) has outperformed by S&P 500 by +600% as of April...
Crude oil is making new grounds with it soon to come with its reverse pull back, same thing happened in 2009 although there is a possibility that crude can slide to support at 40$. either way i will be easing my way into a positions using the ETF UWTI which is priced very cheaply at 3$ a share. also a big shout out to @Ricker for showing me UWTI
Climactic widening of MACD spread and steepening of angle up/down can signal significant reversal is near: When blue line turns, look for a trade !!