SPDR SELECT SECTOR FUND - FINANCIAL AMEX:​XLF

I expect a move up in XLF into 27.7 region beginning of next week.

The popular ETF, XLF follows the financial sector and after weeks of selling, it looks to have found support and be gearing up for a big move indicated by the Weekly Squeeze coiling for the past 8 weeks, with the momentum shifting to bullish this week. If you take a look at C (Citigroup), it too has a Weekly Squeeze. If you take a look at it on a Daily it also has ...

XLF is potentially in a pretty bearish posture but I give it allowance for one more pop into the orange box specified. After that I would be short. I don't like the setup to be long here. It is very interesting that my fractal identification method has picked out a sub-fractal if you will -- i.e. a pattern in the daily, which has previously presented itself in ...

Pivot point support at trend line support (wedge pattern) held nicely.. now fib level in play and trend line resistance to deal with... Its all going on !!

Possible long opportunity XLF, bullish triangle continuation. BUY the break-out above $27.80ish mark

A few sectors are signaling troubles ahead, with their 50 day MA's crossing below their 200 day MA's. This chart picture shows SPY (upper left) as a broad gauge of market action. It has yet to experience the "death cross." However, the industrial stocks measured by XLI (upper right), materials stocks measured by XLB, and financial stocks measured by XLF have ...

Every time I turn on CNBC, FBN, or the like, I hear a pundit or analyst pounding the table to "buy the banks." The go on to ramble a spiel about low valuation rations (P/B, P/E, P/FCF, etc), rising rate environments, yield curve inversions, and other reasons that they should outperform the markets going forward. But who's biting? A quick glance at the SPDR ...

Short term turbulence ahead !

Old resistance acting as support for XLF, earnings reports for big banks begin Friday, 7/13. Option shown on chart for long position, current bid/ask. GLTA. https://www.tradingview.com/x/a7rnwn2Q/

Financials have sputtered as of late, and this can be interpreted in two ways: Scenario 1: This is a bullish wedge and because of expected future interest rate hikes financials will break out and create new highs in the $32 -$35 range for the AMEX:XLF. Supporting this is the RSI hit lows previously seen on 3/22 and all the way back to the beginning of 2016. ...

CCAR results coming Thursday AH

Looking for a cashflow trade in the smaller accounts. Sold -1 Jul20 $27 put for $.60. I will continue to wheel, roll, and cashflow this as long as I can.

The trend line with the moving average is week in the financial sector. The only and key technical support for the sector is to keep the price action over 26.5. Otherwise the free fall is unstoppable.

Looking for a major bounce here

Does the double top in the-XLF warn us of an economic slow-down? The US Industrial stocks are slowing, as well as the emerging markets and US large banks. History teaches us to pay attention to longer trends, and the-XLF clearly has not been able to put in new highs. Most of the indicators for the XLF-are slowing. I think that this is forecasting an economic ...

Looks like a diamond to me, very similar to last year. Also works well with some harmonics patterns. Bounced off closing the gap that was created on the 6th today.

on Weekly

expected sell off on Tuesday, needs to snap back and break out of the broadening wedge to escape the downtrend. little bit of hidden bullish divergence which may help the cause