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MichaelEugen1

Industrials short idea

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SPDR Select Sector Fund - Industrial (AMEX:XLI)  
MichaelEugen1  
AMEX:XLI   SPDR Select Sector Fund - Industrial
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Hey all, I'd short XLI on the gap fill, or when SPY reaches $389. It's fresh off of distribution and is now in a downtrend. Looking to play it accordingly by shorting rallies where I think they're running out of steam, which I think this rally is.
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