XLF Head & Shoulder pattern

40
H&S on financials again. Didn't play it last time, made some money today and left the profits in next week's XLF puts.

Financials shouldn't have gapped up with NVDA, and job numbers were better than expected so I shorted XLF on open, lol. Stepped down to $51.5 puts, from profits only to limit my exposure.
Not
The entire market actually has a H&S pattern going on if you looks at SPX and NDX (SPY AND QQQ).

Probably not a good idea to go long on anything until the pattern is completed. Basically just short any up days.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.