goodguy
Short

Follow up on financials

AMEX:XLF   SPDR SELECT SECTOR FUND - FINANCIAL
xlf
30 0 4
xlf
See post 4 days ago. Gap was closed. Bear market in financials likely starting I believe. This chart shows interesting Fibonacci relationships and channel. In EWT             "B" waves not infrequently are triangles. In this case I believe an expanding triangle.
Could use this weeks high or down trend line as stop. Take care
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