Markets are not anticipating a Fed Rate Hike

14 0
--Currently, the XLF is trading at a significant support level at 22.22s. The last time it broke this level was at the beginning of the year with significant recession risks.
-- If the XLF trades above this level, this indicates a short-term bullish outlook to the mid 20s. Could test the prior highs, especially if the FED comes out HAWKISH.
-- Risk defined at :
STOP: below 21.30s
Target Entry : 22.50
Target Exit : 24.00s
-- Markets are not pricing in a FED rate hike for March, and a surprise hike could send this to higher levels and even break former resistance levels

DISCLAIMER: Trading foreign exchange and equities on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Comment: Target Reached.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out