XLV trade ideas
Sell until the gap fillsI think XLV fills the gap on Friday or Monday
Since we are in the green region as of writing, i think a tag of 69 before resuming down would be reasonable
Iron Fly on XLV: HealthcareTook a Position here on XLV with an IRON FLY.
-2 XLV 16 Dec 16 62/67/67/72 Put/Put/Call/Call @ 3.13
Credit: 3.13 ($626)
Risk: 1.87 ($374)
Target: ~2.33 ($160)
Break evens are in green.
XLV Hillary electionExpectations for U.S. presidential elections as Hillary seens to make bad deals for healthcare sector
08.16.16 XLV SHORTMSZ w/ WSZ nested within and DSZ just created with the break of the ascending DTL. Expecting price to work back down to tested WDZ.
Failure test in XLVwe will see how trade will go. Respect the stop level. Market is overextended in my opinion and this trade works best in this conditions.
Too much green color XLVIf you look in the history of this chart you can see that after such a run alwas decline followed. Setup can be modified today if candel will be even higher, so you can enter into trade even beter risk reword.
Brakeout, Triangles, DescendingI don't think that some comment is necessary. Market is very unstable. FOMC was desapoint traders.
Healthcare,biotech, pharmaceuticals stocks looking AttractiveMoney flow is at the lowest point of 2016 attract
