XLV Bearish Divergence - Short/Neutral Outlook

Sector has been hot for a while. Its time for either a pull back or consolidation so the plan is to sell a call spread.

Bearish Divergence on the momentum indicators. Once the daily RSI is pointing down ward, this will be a great opportunity.

Kommentar:

My bag of a call spread is no longer a bag :) back at breakeven and more downside consolidation more likely!!