XLF-2-9-19

XLF – retested broken resistance from above Off the top in January 2018 financials declined in a corrective (W)-(X)-(Y) structure. The question whether it was all of the large corrective wave ( 4 ) down remains open. The move up off December 2018 low does not have a clear structure. Read more…

XLF-1-5-19

XLF – hit the target but still may need another lower low XLF offers exposure to the heavyweights in the US financials segment. It’s main holdings are large banks. In my previous analysis of XLF posted on 11 December 2018 I expected it to find a bottom in the area Read more…

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