The XSW (software sector ETF) continues to flirt with the suggested stop, though it has so far avoided it, and now has positive divergence in place on the 60-minute chart. Updated daily chart below.
XSW daily Feb 18th
XSW will trigger an objective add-on or new long entry on a breakout above this 60-minute bullish falling wedge pattern, although all bets are off if & when QQQ & SPY break down below the recent trading ranges (all ships likely to fall with the tide). Until then, sector rotation & individual stock picking (long & short) remains the best way to extract profits from this market. 60-minute chart below with some near-term targets (assuming a breakout that sticks) shown at the arrow breaks.
XSW 60m Feb 18th