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themarketzone

Reached the 200 SMA line following my reversal setup

SPDR Select Sector Fund - Financial (AMEX:XLF)  
themarketzone  
AMEX:XLF   SPDR Select Sector Fund - Financial
financials banks XLF Harmonic Patterns Butterfly Gartley
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financials banks xlf harmonicpatterns butterflypattern gartleypattern
Not too long ago I posted a setup on $XLF involving 2 bearish harmonics.
Once the trend line was broken, it was no turning back for $XLF and the re-test of the broken trend line proved it by becoming resistance.
Now it found support on 200 SMA line.
Could bounce from here but longer term remains bearish
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.