IShares Dow Jones US Healthcare Providers Index (IHF) : Short Sell @ $6602
DROP IN SIGHT
Regarding technical indicators, the weekly RSI has pushed below its bullish trend line while the weekly MACD is pushing below its signal line providing another argument for a drop in coming weeks.
On a relative basis against the IVV S&P500, the iShares Dow Jones U.S. Healthcare Providers Index Fund is close to a strong resistance area and looks set for a consolidation.
Short Sell @ $66.02 – Stop loss @ $67.50 – Target @ $61.75
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