The Financials - back to the scene of the crime

Zaktualizowano
To the top of this channel again, and my guess is we go back down one more time. I'm thinking similar for the market - down for a nice drop and then a smaller bounce up to create more long term sideways action. The financials may outperform to the downside over the next few weeks/months, but should find support again around 31 - so a 20% drop is what I'm expecting soon. What would cause it? I have no idea.
Uwaga
SPY divided by XLF, look like this wants to go higher - snapshot
Uwaga
weekly reversal candle snapshot
Uwaga
any bounce is a short on XLF snapshot
Uwaga
XLF broke the midline - any rally up to it is an objective short. I think next week it will be possible on some positive news snapshot
Uwaga
expect a healthy bounce this week and then more selling. xlf/spy chart indictes more weakness to come in financials snapshot
Uwaga
banks now close to channel trendline, expect a bounce of about 10percent soon. snapshot
Uwaga
spy/xlf rsi daily at it's highs, expect a large pullback here and then more upside. snapshot
Uwaga
precarious moment for banks. i think it breaks snapshot
Uwaga
it didn't break, but it's at heavy resistance here. I expect lower. snapshot
Uwaga
RSI on daily finally reset enough on the banks - target of bear flag is 25 dollar area for XLF. snapshot
Chart PatternsfinancialstocksTechnical IndicatorsWave AnalysisXLF

Również na:

Wyłączenie odpowiedzialności