XLD
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1.02% 1,610.9 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-516

  1. Jako8557
    16,642 Posts.
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    19/03/19
    23:04
    Post #: 37816897
    Hi Rav,

    Yep, that could happen for sure.
    Any 'engineering' is more difficult and expensive in large caps stocks, so timing will be important, probably to coincide with something similar in the broader market.

    In general, an accumulation phase lasts for about 2-4 months, and September is 6 months away, so plenty of time I guess........

    cheers
    Last edited by Jako8557: 19/03/19
    XLD Value at posting: 1,147.7
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    lightbulb Created with Sketch.  Great analysis
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