There really wasn't any question about XLI eventually testing the 98 level, and this week that came to pass. The decline featured the semi-obligatory head fake as feeble holders saw their idiotically placed stops hit.. Deja vu all over again . As usual, the correct idea was to sell at the top which more or… Continue reading 9/22/21 The Far Turn
The long awaited post Labor Day market is here. If we are in a coal mine XLI might be a canary. It has moved down to challenge August lows without making a new high. All in all, just the same range bound action typical of the last 5 months.