Banks ready to run again?
Updated
XLF looks like it's formed a bull flag. Possible sector run coming, it is it's best quarter... add in inflation and rate increases for 2022.
Note
Looks like the low volume was a sign of breakdown... FOMC could've been more hawkish but they weren't. Sitting on the resistance/base. Not so sure this holds due to the large bear candle. Possibly a breakdown to ~38.50's then bounce sideways... then move back up?
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