After regarding the 200SMA Daily as Resistance, forms a Diamond Reversal w/ Triple MACD + RSI Hidden Bearish Divergence w/ 4 Hour MACD Bearish Divergence Looking for a breakout and to see how markets open this week before a final decision, loosen or tighten targets as you will. GIVE ME FEEDBACK ** NOT FINANCIAL ADVICE **
XLV (1H) / Primary Elliott Wave Count
XLV is the Healthcare ETF. In theory, the S&P 500 can't go down without XLV. Which one is lying?
Note the pullbacks are always around Dec-Jan as well. Strong candidate for shorting here, and tends to come off fast. Sell 104, SL 106.50, TP 96, RR 3.2.
These are the two 'strong in summer' $SPX sectors #StovallTheory