I’d like to suggest XLB (Materials sector ETF) as an appealing short position. I own June puts on it, and my view is that it has a diamond reversal pattern.
Here’s the longer view.
Material Weakness
I’d like to suggest XLB (Materials sector ETF) as an appealing short position. I own June puts on it, and my view is that it has a diamond reversal pattern.
Here’s the longer view.
