SPDR Select Sector Fund - Financial XLF

moneyflow_trader

reviewing the financial sector monthly chart. I'm looking for a possible breakout of the monthly chart once the stoc rises above previous AD breakout level . It needs to create a bull flag first. Long on the dips

LazyBear Wizard

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...

joshaviliusshow Pro

Here is a common crashing structure taught by popular YouTube Block Chain Backer, and we see that a financial drop should realize around Q1 of 2023 because of macroeconomic news moving the market.

HOOPFOOD Premium

The bank ETF has retraced to the 382 fib and also happens to be in a falling wedge Chart watching this. Getting interesting.

Risktolerance

These arcs suggest we may be starting another bull run XLF

uprisetraders Pro+

Keeping eye on these gaps overhead on $XLF. The longer time frames are looking like a bullish reversal. Price is bouncing at the weekly linear regression channel and 200 ema as well.

SubvertoTradingClub Premium

XLF which is an index of Financial Sector is currently retesting the top of 2007 (before Subprimes crisis) and the top of 2019 (before the Covid19 crisis). Remember, a resistance often flip into a support when broken. This may a very nice opportunity with a correct Risk/Reward ratio to play a bounce here. Thanks for following us !

ismartinvesting

Banks always have it the worse and always have the hardest time breaking out or getting in control, not sure what banks are holding crypto at that which could of been a big mistake as 2020 and 2021 most banks opened up their crypto portfolios and bought it up as well as real estate and fed rates affect the banks the most as they need to swap money nightly with...

17:15

RealMacro

Warning in all asset classes remains. Better to be out of the market wishing you were in rather than being in the market wishing you were out. Share the Love so we can help others.

19:43

RealMacro

Warning in all asset classes remains. . Better to be out of the market wishing you were in rather than being in the market wishing you were out.

NAK1987 Premium

Wedge drop entry on XLF as market resumes RTM Entry - 33.84 Stop - 156.12 PT 1 - 145.16

ismartinvesting

Lower lows are coming, the trend is noticeably clear, and the economy is even more clear... it takes about 2 days or so to get the pump we need and then take profits breaking every stock down little by little... what's crazy is that were really going to get these cheap prices again we saw in 2020...

Mktto

It shows the bearish wedge pattern in the ETF’s market for XLF.

ismartinvesting

Banks have been selling off since the beginning of mid-January and could have some more bleeding to do as well... also, we must take in the fact the banks are invested in to BTC & ETH and other crypto's as well and could be losing in the realm as well and smart money knows that, heavy heavy puts on the banks side... and we see citadel is handing them with the...

PennantTrading Pro

Bought two calls here. Unusually large put transaction and possibly a double bottom

grenadetrade

$XLF has broken through and retracing near term support in the past few sessions. I don't see any meaningful support until $31. I see similar damage and downside risk with $RUT and $SPX. Charts to come.

ulrichniederhausser

Financial sector has also ended wave 4. Almost every chart show the end of wave 4. Some assets ended wave 3 in september, other in november or january. Market in now going to develop wave 5 UP

UnknownUnicorn30271326

Price has been in a downtrend since early this year but has consistently found support at the specified level. In the last 6 months, price has bounced off of that level 5 times and each bounce has resulted in substantial appreciations. Now, that support concords with a prespecified Fibonacci level of support. However, XLF seems to be breaking down; if it fails to...