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Potential Sell Zone towards FOMC
SPDR Select Sector Fund - Financial
Short
Potential Sell Zone towards FOMC
By themarketzone
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Updated
Mar 27, 2017
4
Mar 14, 2017
24-25$ is a potential Sell Zone that includes:
1) Weekly Structure
2) Bearish Crab
3) The 78.6 Fib level (reversal level)
A close below 23$ can provide the confirmation signal - In such case, XLF target will be 21$
Mar 27, 2017
Note
Reach target 1 for aggressive traders.
Next target zone 21$
DXY
fed
financials
financialstocks
RATE
SPDR S&P 500 ETF (SPY)
XLF
themarketzone
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