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: [email protected]
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gold seems due for another pull but today marketwatch headline could be the sign it will not come
Oil finally catching a bid… Can’t wait to buy more DWTI.