GoldenCrowley

$SPY $ES!1 $IWM - Recession Coming Quickly.... $XLB indicator

Short
AMEX:XLB   Materials Select Sector SPDR
I just made this tonight as I was going over all the sectors. XLE is about to drop off a cliff.... RIP $OIL...... when I pulled this one... I was stunned by the massive drop off.... massive sell offs occurring right now before our eyes.... Only dumb money left in the market....Markets as a whole are overbought currently..... XLB is indicating that we are on the precipice of a major market correction within the next 4 weeks.... This is occurring just as the Treasury is about to unleash a truckload of treasuries on the market.....all I have to say is get ready.... be prepared for what is coming next....
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.