There are gaps all over the place. Here’s another one: the financials ETF.
FAANGs That Bite
The ETF which tracks the fabled FAANGs stocks is FNGS, and it has retraced nicely to its gap.
Dazzling Diamond
In case I’ve been too subtle about it, the semiconductor ETF (SMH) is one of the greatest diamond tops I’ve ever witnessed.
Soliciting a Miner
I believe precious metals miners are close to exhaustion, such as GDX and GDXJ, shown below. I’ve shorted the first one with a stop-loss price of 96.20.
Fibs Galore
On the heels of yesterday’s historic mega-rally, it will be absolutely terrifying to push back deeply into the bear camp but judging from what I saw with my chart examination last night, that’s precisely what I plan to do.
