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As The Market Falls, What Sectors Should You Keep An Eye On?

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ETF Trade Watch

The market certainly made a u-turn from the recent rally we had been given, which is not too terribly shocking as market sentiment is still pretty bearish. The market dropped by more than 1% erasing a lot of the gains from the past week or two. We will now look at just how far the market will fall before finding and level of support and look to what ETFs we can find for our next possible trade idea. For now, we need to figure out who is in control, the bears or will the bulls make a comeback? In the short term, at least, it appears the bears have regained control.

Until the market gives us a few more pieces of this puzzle we will hold off on going in depth on any sector ETFs, however, some to watch are the sectors showcased in the video below. Keep them on your radar as this move continues to play out.

Does trading sector ETFs sound more like your speed? Join me as I teach my strategies for breaking down the market by looking at which sectors are the hottest, and can provide the most opportunities to us as traders. With my Smart Trades options trading service, not only will you get all my trades, but you’ll also be a part of a growing community of like-minded traders looking to learn and hone their skills.

I look forward to trading with you, but until then, as always…

Good Luck!

Christian Tharp, CMT

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Christian Tharp

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

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