I mentioned basic materials sector already as bearish trade opportunity.

Now it looks like this whole sector is headed down which means that Ultra short ETF tracking this sector can make breakout. See situation on chart

This entry was posted on Thursday, July 24th, 2008 at 12:39 pm 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.