SELECT SECTOR SPDR TRUST AMEX FINANCIAL SELECT INDEX USD DIS

AMEX

XLF

Lets test the theory.

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...

XLF is down 3% today following China's Tariffs. The ETF is now testing a potential support zone that includes several trend lines and the 200 days SMA line.

A Golden Cross took place (MA50 crossing over the MA200) on 1D on the XLF. Although this is theoretically a bullish development, its has been bearish on 1D in the last two times that this was spotted. In fact the price lost around -3% from the top candle of the Golden Cross until it touched the MA50 again. This gives us a roughly 1 week window and short...

Nice break out from XLF recently. After earnings and the S&P hitting ATHs, the this sector is doing great. Also the 50/200 MA "golden cross" is becoming likely. I've got some long dated calls on this one.

XLF has been lagging. Technically is in good position to start moving up to next level. Watching how fed decision may affect this ETF & market. The meeting is this week Tue-Wed.

10% target = $30

It is nice to be prepared for what could come. The AMEX:XLF is definitely setting itself up nicely for a bullish move. Yesterday, we had a moving average cross over and the price is pulling back off an establish resistance zone. A breakout here could make for a great bullish swing trade. www.youtube.com

double top on financials sector? #XLF #SPY #SPX

Double top on financials sector? #XLF #SPY #SPX

Double top in financials? #XLF #SPX #SPY

Right, a bit of a congested chart... In white, we have $XLF, purple, the US unemployment rate, orange is the European bank index and in yellow, we have the effective Fed Funds rate (US interest rate). Recent rhetoric from the Fed has been pretty dovish, and we have had a pause in hiking rates, with there likely to be absolutely no hike this year. If an economy...

The XLF is currently forming what appears to be a complex inverse head and shoulders pattern. As it sits right now, price is holding between the 50 and 200 day moving averages (50 day acting as support, 200 day acting as resistance) and we could be setting up for a golden cross (50 MA crossing the 200 MA) into an eventual retest of the neckline of this complex...

So, if you look at XLF, Never fully recover since the financial crisis, so the big jump in Yields, since 2017 trump presidence is back where all rally started, the weird thing is that correlation bewteen yields, and bank stocks was right in dicember and these 5 month rally, in anticipation of earning is not price in, earning cuts, honestly did you know that banks,...

I believe we are going to get more very bullish days in the near future. XLF/XLU tracing out a pattern similar to early 2018 imho

Financial sector is one of the largest components of S&P 500. On Friday it retested its important resistance and ended up as a doji candle. If it starts the pullback to the mean, which is confluence with 20 EMA then it will drag the index down as well. Watch financials to confirm your ideas about SPY trading. 04/06/2019

Low rate environment and flat yield curve have created an unprofitable environment for banks and financials. In addition the recently dovish fed in a still tight labor market will likely increase inflation and marginal costs weighing on financial's and corporate companies' alike profit margins. These factors will make earnings and guidance difficult this coming...

Yeah we all hate the banks and financials, but this is a way of getting your back all those charges. The sector had fallen out of favor last year but in the last 2 months the big banks are staging a rally. Earnings are just around the corner and word is they will be good. This way you buy the basket instead of risking your money on picking 1.