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
הערה:
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
