While not as high as some of the other sectors I am still not adding to any position at this point. while it seems to be in a bit of a holding pattern there may not be a whole lot of downside but it should stall at least around this point for a while. This particular ETF has a dividend yield of 2.26% at this point. FNCL
I'm curious to see how price will play out, now that it's tested the top of this channel a few times.
If the 5th wave is truncated, then I suppose this could play out. I'm not well versed in EW theory.
Hoping for another break out of the channel upwards
Currently hovering around its support and a possible inclining pennant forming; I bought in on this above 36$; so I am hoping for the break up.