The broker/dealer index continues to be an absolute honey of a pattern. I’m not trading this directly (nor am I acquainted with any way to do so), but I do think the clarity of this bearish setup makes the $XBD a steadfast ally of the bears. So long as it remains below that broken wedge – – and, ideally, slips hard away from its completed apex – – I think this will help resume weakness in the overall market very soon.
