View: XLF Weekly sc.png

XLF Weekly sc.png

XLF is one ETF with a lot of +/- “daughter” EFTs at 1x, 2x, and 3x that I watch. I think it is very likely at or very soon to be at a major top and it may interest you. On the weekly chart I have generated multiple targets from different approaches that seem very close but not yet hit. I did the same with the daily chart where it looks like the top may be in. When I look at the intraday chart (not posted) it looks like it may be forming a intraday converging triangle. If so it would imply one more pop up which would fit with the weekly chart. Hope this can be of help to you in the way you trade. Have a great week and happy trading. Tom B


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