Your Edge in Finance, TechSectors
In today’s conversation, I wanted to circle back to the Financial Sector (XLF) and the Technology Sector (XLK) from last week’s discussion here at Countdown Trader.
Now, remember, both of these symbols are potential buyable sectors.
Thinking along the lines of baseball, the idea is we are waiting for a pitch (pullback) to sail across the plate at the right moment (reach the price levels we have determined). This is how we take advantage of the setup.
The XLF is doing that right now, the pitch/price action is sinking into the wave, or pulling back. The wave is key in establishing our price zone.
Check out today’s video to give you the edge in both sectors…