Homebuilders ETF - XHB - Rally back to maximum resistance level

1. Overbought on CCI
2. Trend Indicator is in a downtrend using 2 month low in RgMov
3. Maximum volume level at $36.50 is maximum resistance here.
4. Large distribution zone could be in place if below $36.50
Time will tell.
It looks like a good setup here. Sell short if down on the day only and more if below Friday's low.
Tim 1:15PM Sunday 10/11/2015
2. Trend Indicator is in a downtrend using 2 month low in RgMov
3. Maximum volume level at $36.50 is maximum resistance here.
4. Large distribution zone could be in place if below $36.50
Time will tell.
It looks like a good setup here. Sell short if down on the day only and more if below Friday's low.
Tim 1:15PM Sunday 10/11/2015
Catatan
Working nicely, holding down in a tight range here. Lower stop to breakeven.Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.