Sat, May 25, 2013, 11:32 PM EDT - U.S. Markets closed
hi Guys,Does anyone see a nice H&S bottom forming in XHB ..if we hold these levels?
I can see it on a very short time frame - past 20 days. But anything longer than that, the chart is looks like an absolute mess.
We have seen the right shoulder's breaking today.
I don't see it.I see XHB hold the low set in July and bounce off there today, much better than XLF.At least XHB has a short team bottom for this year.XHB should recover before XLF.