I went short Industrials
Im thinking this is the end of the trading cycle
Today was a down move in industrials, including GE 0.00%↑ and some others, looking at the chart it is breaking through the 20 day cycle FLD this week, maybe it continues, risk is light but will let it trend down and consolidate for reentry or adding.
It also broke a 40 day upward VTL meaning the 80 day cycle peak is put in in the past week or so.
The leveraged ET…