Here’s the updated daily chart along with a 2-day period chart of the XLF short.  I tried to get that post out with enough time before the close for those interested to act on but as the etf has opened higher today, the entry price will be slightly better.  At this time, I am focusing on just one price target, 17.25, with stops on a move over 18.60, giving this trade about a 3:1 R/R.  However, I very well may add additional downside targets depending on how both XLF and the broad markets play out going forward.  XLF is the 1x long etf for the financial sector and due to the close proximity and relatively short expected time frame for this trade, one could opt to use SKF (2x short financials etf) or possibly even FAZ (3x short financial sector etf) as a proxy for the trade.  If so, make sure to adjust your position size accordingly to account for the increased leverage.