SELECT SECTOR SPDR TRUST

NYSE ARCA & MKT

XLF

M3D

This is not an investment advice. Trade at your own risk. Do not trade money you can't afford to lose.

BloodSweatBeers

Practice

drewby4321

For Growth Investors, there were a few shocking days over the past months where the indexes went up but our portfolios went sideways or down. There's no worse feeling than having the market go up and have your portfolio go down. The cause was sector rotations as investors moved into "discounted" stocks that were hit the worst during the market crash of 2020...

Yogigolf

While in the short term it looks like XLF could rally back up to 26-27 if price is unable to significantly get above that level another large leg down in XLF in likely. Breakout above or to the right of the green box would invalidate this. The current bear market rally could last until the end of the year.

anjeltrade

Second innings of upside starting. Looking very good with limited down side and more upside. $26 and moves on to $30 targets

LazyBear

With a massive squeeze on 4 timeframes (4hr/6hr/1D and 1W), XLF is poised to make a big move (In the chart, blue candles are all TF squeeze candles). Squeeze release is usually accompanied by a fakeout, so need to be careful there, but based on other momentum indications, good chance of this breaking up. Breaking up that RSI resistance will be a good...

nexttrack

This chart shows the ratio between XLK (Technology) and XLF (Financials). When the chart is going up the the indicator is saying go long technology. Sideways then equal weighting. Chart going down then overweight XLF, lighten up on XLK. It also shows that the current situation is that XLK is at a top. In fact it is significantly above the DOT COM bubble of...

brian7683

Double top to $27 then crash to $20

TayFx

XLF Position Update: 13:10:10 (UTC) Thu Jun 18, 2020

Tradingexchange

Looks Like Financial System is going down Big

burtnette

Posted this a week ago when price was struggling at the blue line. Said the direction of the breakout/breakdown should determine what happens next for stocks. A breakOUT is not what you want to see if you're bullish equities.

ChristopherCarrollSmith

The financial sector's technicals are looking more bullish after earnings week, with the MACD above the signal line and the price above a volume support. Banks reported mixed financial results, with sales 4.3% above Street expectations, but earnings 3.3% below Street expectations. The earnings came in weak mostly because banks set aside big piles of cash to guard...

TayFx

!XLF Short Re-Entry:13:23:06 (UTC) Thu Jul 16, 2020

Dllew2019

Apparently the 23.5-23.7 is an area of interest. I am long using 23.65 as stop.

Itsallsotiresome

The XLF is a major decision point. It's at the end of a wedge within another wedge. The solid green line at the bottom is flag support. XLF needs to maintain that flag support or it will take a trip to below $22. Bank earnings are tomorrow. JP Morgan and Wells Fargo will set the tone for what earnings will be like. RTY and ES' fate now lies with the financial...

NaughtyPines

... for a 1.51 credit (.38 at 25% max). Notes: 5 out of XLF's top 10 holdings announce next week, so this is a way to get a piece of that volatility without getting into single name, with a classic risk one to make one iron fly setup. I've split the shorties across current price, but would look to take profit at 25% max, as you would with a short straddle/iron...

Cblast1

XLF Bullish Confluence across TA, Dark Pool orders, Options Flow and Volume ( Contracts to buy 7/17 25c or 10/16 28c) Volume Before Close: 1min-2.633M (1st), 5min-5.298M (1st), 15min-9.295M (3rd) Dark Pool Orders: 6 Orders (144 Million) Options Flow: 9 Sweep Orders (654,000) 3 Block Orders (365,000) No Bearish Flow TA Below

supere

While most traders and market analysts seem to be glued to the short term, I believe this longer term picture of the financial sector is crucial. In my eyes, the structure that has formed since the Feb 2020 top greatly resembles the topping pattern of the GFC with respect to price action and RSI divergence, except it is clearly a larger structure. Therefore, the...