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InvestingScope

XLF: Strong buy opportunity.

Long
SPDR Select Sector Fund - Financial (AMEX:XLF)  
InvestingScope  
AMEX:XLF   SPDR Select Sector Fund - Financial
Trend Analysis Chart Patterns Technical Indicators XLF ETF etfs exchangetradedfund financialselectsector spdr
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trendanalysis chartpattern indicator xlf etf etfs exchangetradedfund financialselectsector spdr
The Financial Select Sector SPDR is trading within t 1D Channel Up (RSI = 64.631, MACD = 0.090, Highs/Lows = 0.4050) and todays pull back is only a technical reaction to the RSI approaching 70.000 on 4H. Both the MA50 and MA200 are supporting which is a very bullish development. Our TP is 29.10.





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