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Long Banks: The Fed Has to Raise, Right?

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SPDR Select Sector Fund - Financial (AMEX:XLF)  
zkstonks  
AMEX:XLF   SPDR Select Sector Fund - Financial
banks rates nfp LONG
3
0
banks rates nfp long
In light of the beastly last two NFPs and increasing inflation, I would like the think the Fed will raise rates in September... they probably won't, but that is not the point. XLF has broken out of the nearly year long triangle quite clearly. It is a long. Near term resistance is at 25, however that should be taken out.

Tl;dr: Long XLF
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