SPDR Select Sector Fund - Financial
Short
Updated

Triple Top Forming on XLF

83
XLF

Triple top forming on XLF, while price broke 200sma, it now runs into the 2022. resistance line that provided support in 2021.

Fib at 50% of 2022 high, highest MACD numbers in almost 18mths, RSI at overbought border, and tested resistance zone upcoming, current charts displaying to many negative indicators for upside profit
Trade active
Sold 36 call with Friday expiration at market open.
Trade closed manually
trade close @ 90% profit

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