My biggest short position (by way of August puts) is XLB, the materials fund. It is THIS CLOSE to a trendline failure:
If it can manage to crack the trendline, we’ll have broken that massive wedge. Then it’ll be showtime.
My biggest short position (by way of August puts) is XLB, the materials fund. It is THIS CLOSE to a trendline failure:
If it can manage to crack the trendline, we’ll have broken that massive wedge. Then it’ll be showtime.