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IamBusinessman1rst-Trader2nd

XLF D1 - struggling to break resistance

SPDR Select Sector Fund - Financial (AMEX:XLF)  
IamBusinessman1rst-Trader2nd  
AMEX:XLF   SPDR Select Sector Fund - Financial
Support and Resistance Trend Lines
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supportandresistance trendline
XLF D1 - struggling to break resistance. Not a short signal, but worth watching if there will be developing selling pressure on lower TFs, and then reassess. The implied volatility is low, so maybe buying a put to limit risk to the upside.
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