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Banks about to get hit really hard

Short
SPDR Select Sector Fund - Financial (AMEX:XLF)  
PontusTrader Updated   
AMEX:XLF   SPDR Select Sector Fund - Financial
Wedge XLF
6
1
wedgepattern xlf
Banks will not do well, charts paint a very bearish picture.
Comment:
A little update. They did some last minute shenanigans before letting this come tumbling down, an overnight gap up and pump right into resistance after XLF closed on support the previous day, Thurs March 17 (on Fomc) day no doubt because the Fed loaded up their books with fresh cash. Insiders pumped it and sold into strength and did a rug pull.

More extreme selling is coming, hence the shooting star candle and rejected upthrust.

snapshot
Comment:
😂
snapshot
Comment:
Just to show you that pro's watch TA levels, they gapped up and ran price higher on March 18th to wipe out shorts who thought the wedge was going to break on March 17th. Immediately dumps as soon as it taps the res.
snapshot

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