IvanLabrie

$XLF: Financials are unloved and ready to rally

Long
IvanLabrie Updated   
AMEX:XLF   SPDR Select Sector Fund - Financial
Interesting long term trend in XLF here, paired with record low positioning for hedge funds, makes for a low risk vs reward and highly appealing long setup.

Additionally, paints a positive picture for the broad market as well.
I present to you the sector ETF, now it's up to you to find the hidden gems in the sector that will likely reap the largest rewards...I will try to find these and report to my clientele of course.

Best of luck!

Cheers,

Ivan Labrie.
Comment:
Almost a new high in XLF
s3.tradingview.com/s...shots/7/7eV0fpFF.png
fading Wall St working
that seemed like a very extreme positioning reading
last Q...

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