XLF overbought correction
Entry 25.70
Target bottom of channel
Stop- break through trend line around 26.50
Target bottom of channel
Stop- break through trend line around 26.50
Yorum:
After breaking through the trendline, formation of a double top right back to the trend line with very weak macd histogram looks like a potential short position with a downside breakout below the trendline. Will keep an eye on this one.
