YaKa

US financials - Room for relief and DOWN

AMEX:XLF   SELECT SECTOR SPDR TRUST
91 views
1
It could have fallen from Oct13...

Instead, it has managed to grind in a narrow channel for a year.

Probably a short after a few weeks neutral bias up.

Comments

Important note:
Shorting after 3 weeks/8% down is always a tricky exercise from money management point of view.
This one could be the right one for a short but not easy to manage if gets wrong.
+1 Reply
doesn't look quite good for log scale
Reply
YaKa jangseohee
Definitely a cliff.
it could still rebound though...
Complex enough that i decided to do nothing until Draghi
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out