XLF banking sector is rolling over and this is one of the best setups I can find going into earnings Q2... My target is 64 gap close By beginning of May.
Stop loss over 76.00 or 50sma.
Here's XLF.. same wedge at the 50ma
Stop loss over 76.00 or 50sma.
Here's XLF.. same wedge at the 50ma
Note
69.50 is the next support, below that and 65 comes
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.