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TrilogyAnalysis
Jul 24, 2017 7:05 PM

7.24.17 | XLF | Bullish trend shaping up. Long

SPDR Select Sector Fund - FinancialArca

Description

XLF - Is on the rise to break out of a very slight downward channel. A close above $24.93 will indicate a high probability of a bullish trend breaking out. The Rally is already starting to fan out and the Ichimoku Cloud is very bullish. The cloud thickening is a strong sign that price will continue at it's current rate of increase and the bullish trend is sustainable.

Comment

Trade Idea VOIDED on 8.10.17
Comments
gumbtg
perfect trade management on your exit.
TrilogyAnalysis
@gumbtg, I void the trades not for my exits but at the time the Trade Idea will expire from being relevant to price action in relation to the intention of my analysis.
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