juniortrader

Year Long Resistance Broken

Long
AMEX:KIE   SPDR S&P Insurance ETF
This indurance ETF has been testing resistance for about a year now and it has broken it last week. Along with that this ETF is now trading at an all time high and I think it could continue to move upwards with the insurance sector looking strong.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.