Get started
Financial Select Sector SPDR FundFinancial Select Sector SPDR FundFinancial Select Sector SPDR Fund

Financial Select Sector SPDR Fund

No trades
See on Supercharts
OverviewAnalysisHoldingsNewsIdeasMindsTechnicalsSeasonalsOptions

Trade ideas

XLF - Dead CatfishNew banking regulations in EU and elsewhere combined with QE punch bowl drying up is taking wind out of the sails of the Financials. XLF appears to be struggling at the mid-line of the regression channel again! Potential 4th failed attempt to cross midline unfolding. Similar chart pattern last July into Sept, which resulted in a ~10% sell off. Bearish Engulfing candlestick pattern at recent top. Several nearer and longer term price gaps to fill to the downside: Nearer-term gaps @ $37.75 @ $37.20 and near 50-day MA @ $36.01 small but there Several more gaps a bit farther south. Most indicators rolling over/sick on the daily. XLF near ATHs but the ADX looking like a dead catfish that cant swim anymore...just floating with the current...and the current is taking it down off the regression channel mid-line sooner than most expect. Target = gap fill near 50-day MA and then a kiss off the 200-day if we get some action to the downside. Short Oct 15th Puts with $35 dollar strike. Not financial advice.
AMEX:XLFShort
by Akksujean
2
More Upside in Financials?The SPDR Financial ETF has been snoozing for exactly three months, and now could be coming back to life. Several patterns stand out on today’s chart. First and foremost is its breakout above the 50-day simple moving average (SMA). Next is the tight volatility squeeze immediately before the surge. That suggests price could be ready to move again following a healthy period of rest. Relative strength has also improved (highlighted by our Smart Relative Strength script). Looking back further to June 18 and July 19, we find double-bottom support around $35. XLF rebounded sharply following both moves. Companies within the portfolio have also performed well. Goldman Sachs , for example, hit a new record high on Friday (its first in two months). Less flashy but important names like American International Group also beat estimates. In conclusion, financials are one of the most overlooked stories this year. They exited their subprime bear status in February. Now, after a few months of consolidation, their run to new uncharted territory may be resuming. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
AMEX:XLFLong
by TradeStation
$XLF Financials failing at resistanceThe XLF ETF which tracks the financial sector of the U.S market has been battling to break resistance at $37 and the 50 day moving average. With the push lower in yields, fundamentally this is generally quite negative for banks and financial firms as this substantially decreases their profit margins. We could potentially retest the bottom of the range at $35.00 and if that breaks then $33 could be in site which is around the 200 day moving average.
AMEX:XLFShort
by MarcoOlevano
look this guys xlf EXAMPLE Say u ahrt at 38 off daily stoch rolling over and it made a lower high hitting resistance ok so know shrt off daily why hitting r1 and stoch rolling over. what i do next is watch my weekly and I wait for that stoch break 70-68% weekly stoch on bottom then i can add why trend down ok drop to 35.18 daily stoch on bottom so u take 3/4 off the short keep 1/4 on know she runs up daily stoch and boom stops at 50 day, but as she is running up look weekly stoch when it hit 50 day ma weekly stoch heading down and little tip stoch wide apart very neg, so it said stay shrt once it did not break thru add back on the 3/4 took off. Dont get scared out position this is for swing trading
AMEX:XLFShort
by john12
TA on IWM shortIWM a short I am not in this just showing TA Look daily heading down on bottom should get a dead cat bounce to the 50 day 225 support 213.58 -211.54 they break we go 206.55 200 day Know look weekly stoch heading south trend is down Ok lets go back to daily we can get a rally dead cat bounce 50 day and fail why as long as that weekly stoch stays heading down while the daily stoch rises it will fail. Trust that weekly just when it rallies reduce shares on short and trail the rest then when ready add back to short. Very simple process
AMEX:XLFShort
by john12