YaKa

US financials - Room for relief and DOWN

AMEX:XLF   SPDR SELECT SECTOR FUND - FINANCIAL
70 3 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.
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
snapshot
Reply
YaKa PRO jangseohee
Definitely a cliff.
it could still rebound though...
Complex enough that i decided to do nothing until Draghi
snapshot
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out