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the_sunship
Jan 9, 2024 7:38 PM

Watch the Banks - XLF Short

SPDR Select Sector Fund - FinancialArca

Description

All information in the video. I think a turn for xlf is coming and it may be quite strong. Under 37.50 will be a marked change especially if they close the week below it.

Good luck!

Comment

breakdown

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Maybe this on AMEX:XLF, also could go to one more high, but i still think it's an overall short regardless.....

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objective short. Next week should be done on the banks.

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xlf should continue to 37 area

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banks at 37 (BB support) should get a bid here.
Comments
Caper04
Seems like commercial real estate is teetering. High vacancies, values lower. Maybe that’s the trigger?
Walter_White_2021
Great work as usual Sunship.
the_sunship
jpm earnings Friday. if it spikes up as usual it will be one more divergent high on xlf and probably an even better every for a short position.
the_sunship
@the_sunship "entry"
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