XLF: Long Financials
MACD(12,26,9): On the signal line crossed early in the month of July, and still gaining momentum. The weekly is much more interesting, as I've been waiting a couple weeks to enter this, weekly is showing a signal for the week as of today.
Momentum: Just turned positive on the weekly chart and making higher highs/lows
Trendlines: XLF is breaking out of a downward facing , waited for the confirmation to add equity. Currently trading in a very steep channel on the daily that most likely won't hold, but the weekly plus the trend breakout is very attractive to me.
Added 100 shares at 28.359
First target 29.00 Second 30.00