overall, i still favor trading the best looking individual stock patterns vs. the broad market or sector etf’s, but i do think that the XLF looks like an objective short here as it recently re-tested this recently broken bearish rising wedge pattern, which also coincided with a nice resistance zone. stops somewhat above the top of that resistance zone. first target is marked although i may add additional targets if this trade starts to play out. 4 hour chart shown.
