XLF 50-day ema = 27.33 vs. Friday's a.m. low so far of 27.36
* this week's XLF bounce high attempt failed and reversed after testing the 150-day sma from below
* the XLF daily setup looks more tenuous than usual, when considering all the chart elements … bulls and bears need to be vigilant, and the XLF chart outcome will impact the future SPY action
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.