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Thread: Sector selections for week starting 5/29/2011

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  1. 06-01-2011 08:49 PM #3
    Timothy Clontz
    Timothy Clontz is offline Site Member
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    Primary trend seems to be changing

    Because the primary trend seems to be changing, a more aggressive short would be XLE.

    Long XLU or
    Short XLE (depending on the Robot).

    ***Note: I had mistakenly posted XLF instead of XLE. The difference between them at the moment is negligible and could reverse, but the actual last position was in XLE. Basically that means that the price momentum has advanced beyond the money flow momentum to such a degree that on a significant downturn energy (which has been very strong for the past few months) would mean revert.
    Last edited by Timothy Clontz; 06-02-2011 at 10:56 AM. Reason: typo
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