SPDR Select Sector Fund - Financial
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1. Await breakout 2. Lt it pullback 3. Buy

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3 Simple steps to follow if you want to buy this ETF.

Let the price action breaks out of 23.58 price level acting as resistance.

Next, see if the bullish signals is sustainable , watching the candles closely

If the above criteria meets, buy , put your SL at 19.95. This is assuming you are not trading but wanting to hold for the mid to long term or at least till the trend reverse.

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2nd gap is now filled so we can expect some pull back coming up. Those who bought this ETF can take some partial profits......We need to see the next level of resistance at 34 to be cleared before considering adding more.
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Praise the Lord

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.