$XLF Oversold but still showing weakness Bounce to 28 then drop
Oversold indicators, closed below Oct bottom , long-term weakness identified maybe due to more cutting of interest rates but now expecting bounce to 0.62 fib then falling again (+10%) or can be extended to 1.32% fib then drop but its not unlikely
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.