Netflix (NTFX) six month daily:
Russell 2000 (IWM) six month daily:
US Oil ETF (USO) six month daily:
Euro ETF (FXE) six month daily:
I think there's more downside to come and failed breakouts often lead to sharp corrections. A week ago everyone on the planet was wild eyed bullish, investors may be re-thinking fed induced purchases.
Disclosure: I do not have any positions in the above equities but I am short some stocks and am long the US dollar against the Aussie dollar.
No comments:
Post a Comment