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$XLV Clean Breakdown - Warning was Given!
I have been warning of this breakdown of $XLV for a while. A few members here were even adding to healthcare recently where I tried to warn of this breakdown. Healthcare is showing significant breakdown off this RSI divergence.
This looks like the next sector to fall over the next 6 months.
Would passing a universal healthcare bill help bring the healthcare sector back to its uptrend?
@dissectmarkets Most likely not. News often follows price action, so there is not much that would bring this back to an uptrend right now.