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Marek99

IXC Very Bearish Outlook

iShares Global Energy ETF (AMEX:IXC)  
Marek99  
AMEX:IXC   iShares Global Energy ETF
IXC SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500)
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ixc spy spx spx500
This is a classic bearish breakout, couldn't reach 78.6 with this move, so a breakdown to 50% line is on its way.
EDIT: One small mistake on that chart stop loss should be 39.06

This is also a similar outlook for SPX...
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