‘Double green’ sector reveals market advantage…
Everyone loves to talk (and trade) tech. This is one of the most important sectors in the market, but not just any tech…
Think XLK.
This exchange traded fund (ETF) means we’re focused mainly on Apple and Microsoft.
The XLK has really started to rally and it has gone “double green.” That means this is one of those great trends we could take advantage of in this wild market.
With sectors rotating, it can be challenging to know what to trade. As I’ve mentioned before, sectors let us get a “birds eye” view of what’s happening in the markets.
This is where XLK comes in. XLK allows us to trade around the problem of trends that have broken, are chop, etc.
Check out this video as I walk through the levels we’re reviewing…
