SviCapital

XLF, Financials at Resistance

AMEX:XLF   SPDR Select Sector Fund - Financial
Financial sector is one of the largest components of S&P 500. On Friday it retested its important resistance and ended up as a doji candle. If it starts the pullback to the mean, which is confluence with 20 EMA then it will drag the index down as well. Watch financials to confirm your ideas about SPY trading.

04/06/2019

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