/IXM (financial sector futures) hit the 2nd price target (1st of the downtrend line and/or nearby 539 support) with the next sell signal to come on a solid break and/or close below 539. Previous (last Thursday’s) and updated 120-minute charts below.
IXM 120m Sept 5th
IXM 120m Sept 11th
Likewise, XLF (financial sector ETF) hit the first price target on Friday, followed by the typical reaction with XLF starting crack below that key support now although I have BOD support slightly below T1 as well as the 539 support on /IXM that has yet to be taken out (and will provide the next sell signal if & when it is clearly taken out). Previous (Thursday) & updated 60-minute charts below.
XLF 60m Sept 5th
XLF 60m Sept 11th