View: XLF Weekly Fib.png

XLF Weekly Fib.png

XLF weekly linear Interesting Fibonacci relationships the way I see it. In EWT B waves not infrequently are triangles. C waves often have a Fibonacci relationship to A.


I always found the XLF to be a very interesting instrument in terms of technical analysis. For whatever reason, it often responds promptly to FIB levels and other extension type analysis. Great chart. 4/26/16