john12

Update XLF Short @ 39.00

Short
john12 Updated   
AMEX:XLF   SPDR Select Sector Fund - Financial
Daily heading down. Lower highs. Vol more selling buying. Can see it go 35 200 day. Just hanging on to the 50 day MA.
Weekly going sideways wants turn lower it will.
Know lets talk about banks these banks are going to Default
covid money stopping
unemployment stopping
Hong Kong deep shit
and last we have TNX 1.47 Banks should be breaking out higher TNX goes and banks don't higher inflation guys we are close to the crash. So when we have a rally don't say bulls in charge they aren't and when we stop that bottom will be temporarily.
Trade closed: stop reached:
out xlf shrt nice play waiting see what happens before I go long
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.