XLF. Welcome to hell!

Kort

SPDR Select Sector Fund - Financial (AMEX:XLF)

Uppdaterad

AMEX:XLF SPDR Select Sector Fund - Financial

XLF financials banks

xlf financials banks

I will try to call a multi-year top on the XLF fund. Will short from 25, targeting... Probably, 12.

But my main question is: was the whole movement from 2009 to now a wave 1 or it was a B and we still wil see a Wave C? If that was a B, then we can probably say: welcome to hell, banks! Hope you enjoy your stay here

Kommentera:

Getting close to the top of the channel. Ready to short

Handel aktiv:

Shorted and keeping it. Probably, next target now is a 161.8% extension

Handel aktiv:

Scary pattern for everything that wants to consider itself a finanical. Looking to add longs on that breakout

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!

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