The_Unwind
Short

When Banks Lead The Decline..., Pay Heed !

AMEX:XLF   SELECT SECTOR SPDR TRUST AMEX FINANCIAL SELECT INDEX
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Institutional BIG MONEY took advantage of the overnight bounce in China,
to LIQUIDATE large amounts of stock from US banks and the important financial stocks
in the XLF on 10/22/18, putting price right down to important support, after a loss of 2 % today.

The significance of what happens next this week in the banks, cannot be overstated.

A break of support here,in XLF right now, would have serious implications for the rest of the market.


THE_UNWIND

Comment: Big Money ALWAYS Gets Out First..Remember That.

THE_UNWIND 10/22/18 542 pm New York
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