XLF. Welcome to hell! שורט

SPDR Select Sector Fund - FinancialArca

תיאור

⋅ 4 דצמ׳ 2016 13:19

I will try to call a multi-year top on the XLF fund. Will short from 25, targeting... Probably, 12.

But my main question is: was the whole movement from 2009 to now a wave 1 or it was a B and we still wil see a Wave C? If that was a B, then we can probably say: welcome to hell, banks! Hope you enjoy your stay here

הערה

⋅ 22 פבר׳ 2017 18:24

Getting close to the top of the channel. Ready to short

עסקה פעילה

⋅ 1 מרץ 2017 20:27

Shorted and keeping it. Probably, next target now is a 161.8% extension

עסקה פעילה

⋅ 19 מאי 2017 22:09

Scary pattern for everything that wants to consider itself a finanical. Looking to add longs on that breakout

תגובות

Dll

⋅ 4 דצמ׳ 2016 23:22

Agree. I labeled the (4) as a triangle. So projection is a little different.

captain_smollett

⋅ 5 דצמ׳ 2016 09:12

@Dll, thank you, Sir! Could you please share your labeling for the records?

Dll

⋅ 6 דצמ׳ 2016 01:04

@captain_smollett, Sure.

Dll

⋅ 6 דצמ׳ 2016 01:06

@Dll, Forgot to put the wave count on it ... But it's the same as your except for wave (4), and my wave (5) is not done yet.

captain_smollett

⋅ 6 דצמ׳ 2016 05:10

@Dll, thank you for this! Yes, target area is very similar and the channel is the same. Will be all fun if they break out of it =)

captain_smollett

⋅ 1 מרץ 2017 20:27

Shorted and keeping it. Probably, next target now is a 161,8% extension which matches the 88.6% retracement of the previous wave

captain_smollett

⋅ 22 פבר׳ 2017 18:23

Getting close to the top of the channel

עוד