krugman25
Long

XLF - Inside Bar formation w/ potential breakout

AMEX:XLF   SELECT SECTOR SPDR TRUST AMEX FINANCIAL SELECT INDEX USD DIS
The market has been consolidating after a strong up move. An inside bar pattern has formed during this pause and presents a good opportunity to get in on the next leg up. A good strategy would be to enter on an upside break of the inside bar with a stop loss just below the bottom of the inside bar pattern. It creates a very attractive risk/reward setup.
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