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Invesco Pharmaceuticals ETF
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Pharma looks fugly on a relative basis

Por OffbeatOperator
Breaking down through support, this is what kept me out of trading PFE to the long-side even though it looked bullish. With the elections coming up and democrats leading the polls, I'd stay away from pharma and insurers. Lean towards medical devices if you need healthcare exposure.
healthcarehealthcarestocksintermarketanalysisPHARMApharmaceuticalspresidentialelectionsectoranalysisSPDR S&P 500 ETF (SPY) Supply and DemandSupport and ResistanceTrend Lines
OffbeatOperator

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