Symbol | %Chg Day |
SDS | 1.34% |
TWM | 1.34% |
Day's Top Losers w/Vol >1M
Symbol | %Chg Day |
XHB | -2.57% |
USO | -2.44% |
EWH | -2.35% |
FXI | -2.30% |
INP | -2.30% |
UNG | -2.02% |
OIH | -1.92% |
EWM | -1.46% |
XRT | -1.38% |
XLF | -1.37% |
COMMENTS:
A really tough day to make money trading ETFs. If you were short OIH going into today you made a good trade.
Oil has been so volatile that I am reluctant to put on a short right now. But if today's move is an indication of things to come, I see OIH dropping to the August lows around $160. If it closes below $188.35, the current support level, then I think the its time to get short.
Most of the other ETF charts were bouncing around today not giving any good entries.
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