XLF - Key support level
The trend line with the moving average is week in the financial sector. The only and key technical support for the sector is to keep the price action over 26.5. Otherwise the free fall is unstoppable.
Note
5% profit since I detected the support.Trade closed: stop reached
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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.