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    February 2017
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    XLF Descending Broadening Wedge Pattern

    I had an inquiry on XLF (Financial Sector ETF) from member @dpandita. After essentially hitting the measured target for the 2015-2016 Inverse Head & Shoulders pattern, XLF has been forming a Descending Broadening Wedge Pattern. An upside breakdown of the pattern & break above the recent highs would be bullish while a downside break of [...]

    Feb 3, 2017 4:07pm|Categories: Equity Market Analysis|Tags: , , , , , |0 Comments

    Financials & Biotechs Breaking Down

    The biotechs appear to be headed lower following the breakdown below this 30-minute rising wedge on XBI that was posted yesterday while the other recent sector that has been holding the market up, the financials sector, is moving lower after breaking down & backtesting this bearish rising wedge pattern, confirmed with negative divergences, on the [...]

    Nov 15, 2016 10:36am|Categories: Equity Market Analysis|Tags: , |1 Comment

    Bear Market In Crude Soon to Spill Over to Financial Sector & Junk Bonds

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    Aug 2, 2016 12:59pm|Categories: Equity Market Analysis, Fixed Income (Bonds), Gold & Commodities|Tags: , , |Comments Off on Bear Market In Crude Soon to Spill Over to Financial Sector & Junk Bonds

    XLF Financial Stocks Hit 2nd Price Target, Now Threatening Key Support

    The XLF (Financial Sector ETF) unofficial short trade posted here on June 3rd has hit my 2nd & final (near-term) target for a 6% gain. More importantly, the financial stocks are now stilling in a very precarious technical position on a key support level, a level likely to give way in the comings days/weeks. Something [...]

    Equity Market Overview 6-13-16 (video)

    This video takes a comprehensive look at the diversified U.S. stock indices as well as many key sectors of the U.S. market. These index & sector ETFs are discussed in the following order: SPY, QQQ, IWM, XLF, USO, XLE, XOP, XES, XLV, XBI, IBB, PBE, XRT, XLP, XLU & GDX.

    Jun 13, 2016 7:30pm|Categories: Equity Market Analysis, Gold & Commodities|Tags: , , , , , , , , , , , , , , |8 Comments

    XLF Financial Stocks Headed Lower

    XLF looks to be headed to at least the 22.90 level in the coming days/weeks following this bearish rising wedge breakdown & subsequent thrust to put in a divergent high. Unofficial trade idea although I will say that my confidence is pretty high that at least T1 will be hit. Suggested stop over the recent [...]

    US Stock Market Sector Analysis (video)

    This video lays out the case for a broad-based correction in the US stock market reviewing the charts of the following sector ETFs in this order: XOP (futher expanded on with a discussion of the follow top components: XOM, CVX, COP, OXY, PSX) followed by GDX, XBI, XLY, XLF, XLP, XLU, XLI, XTL, XLK, XLB, [...]

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