EDV - Bullish breakout, bad new for S&P?

٥ أبريل ٢٠١٦

EDV has done well since the S&P cooled off at the beginning of the year. The two have a predictably negative correlation, however, even though the S&P has been doing relatively well since mid-February, a weak pennant has formed in EDV and there are signs of a positive breakout.