As I mentioned in yesterday’s newsletter I monitor Consumer Services sector for short trade . Inverse ETF with symbol SCC is right stock for this trade. Here is chart. When it will move over 88 -90 resistance area, then you can expect strong rally in this Inverse ETF (decline in consumer services sector)

This entry was posted on Tuesday, May 27th, 2008 at 11:04 am and is filed under ETF analysis, ETF trade setup. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.