Wisedom

Daily. Potential H&S top? #watchlist

AMEX:XLF   FINANCIAL SELECT SECTOR SPDR FUND
48 0 0
Held the 50sma well with nice follow through, however there is o/h resistance from the shorter t/f MAs and a potential rounding top. From a macro perspective a large H&S could be forming. Needs new highs soon otherwise look for a short entry IMHO.
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