I’ve been looking at the $UYM, Basic Materials ETF, in amazement. Everyday they pound this thing to no end, pretty much down a quick 10 points in a straight line.
EXODUS is calling for an oversold cycle here. Are you brave enough to catch this falling knife?
Here are some other names on the infamous oversold list:
Exodus members can view the full list HERE, as well as find the specific win/loss rate for the OS reading on UYM. Free trails are now available, email: firstname.lastname@example.org