Weekly 20ema support is approaching at 35.05, might see a bounce here. We held the 20sma for this week. But if 20sma and 20EMA in Weekly breaks, I won't be surprised to see 32 in financials.
shkspr
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@vidhursachin, I agree, but it seems we have a floor now. my options is 2 month later, I'm safe
CJS04
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Careful with how bullish you are. I assume a very short term trade if anything. I see 25/26 in the next couple months for XLF.
shkspr
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@CJS04, thanks my friend, I just open positions on indices for few days, not more than that. I chose that expiration date, because of risk management. and thanks for your comment,