Technical Tuesday - June 22, 2020 - Equities
Last week's orderly pullback has provided an opportunity to add to long exposure. We like the setup in the S&P 500 Emini on the long side. The Mid-Cap (MDY) reversed off its regression trend channel and looks poised to move higher. Within HealthCare, we suggest looking at the biotech group on the long side. Both the IBB and XBI are at new all-time highs.
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