Chart.ly Chart Of The Day
- admin
- July 29th, 2009
This post from @akoptiontrader is the Chart of the Day on Chart.ly. AK made an excellent call on $XLB. The ETF looks to be headed lower as the materials sector continues to be sold off. Additionally, the market is over bought which should accelerate this trade when sentiment changes.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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