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 worth monitoring IMO. Previous & updated daily chart:
XLF Financial Stocks Hit 2nd Price Target, Now Threatening Key Support
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