XLF: Weekly Analysis

133684

•

Long Term Public

251

Down 3.5% in just two days. Not bad for a warning issued on November 4! The Financial Sector delivered, and those who read our report and acted on the warning should feel rather comfortable right now. The charts spoke, and the market followed. But celebrating yesterday’s call won’t help us navigate tomorrow’s market. Has the decline already done enough damage, or is this just the beginning of something much bigger? And more importantly, did this week’s price action reveal any technical surprises that could change our outlook? Let’s see what the candles and indicators have to say. Candles & TA This week closed with remarkable technical developments. A massive, full-bodied Bearish Engulfing on Thursday, followed by confirmation on Friday. A brutal bullish failure on the weekly chart produced a gravestone-like candle, adding another brick to the Advance Block and marking yet another failed attempt to negate the Three Black Crows….

This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content.

🚀 Unlock the Full Analysis

Comprehensive analysis, Japanese Candlesticks, Elliott Waves, Technical Analysis, Discord community and more.

Already a member? Log In

Premium

USD $68.00 first month
then $79.99/month. Cancel anytime.

All individual packages except Live Trade
Strategy: Bond Market & TLT, Dollar & Carry Trade, Volatility Index
US Market: S&P500, Nasdaq, Dow Jones, Russell
Commodities: Oil, Natural Gas, Silver, Gold, Uranium, Wheat, Corn
S&P500 Sectors; Magnificent Seven
Global Inflation Tracker
Oil Studies, and more.

Price includes all taxes and fees. Secure checkout processed by Stripe.

This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content.

Long Term Public

251

Read Next

133646

Commodities

Oil – Daily Analysis

Oil has one more trading session to make its statement, and tomorrow’s weekly close could be far more revealing than the entire week’s price action. Several technical structures are approaching critical levels, leaving multiple possibilities on the table. A seemingly modest move tomorrow could make the difference between a promising bullish setup, another warning sign, […]... This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content. 🚀 Unlock the Full Analysis Comprehensive analysis, Japanese Candlesticks, Elliott Waves, Technical Analysis, Discord community and more. Already a member? Log In What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Energy USD $24.99/month. Cancel anytime. Natural Gas - Daily & Weekly Oil - Daily & Weekly Uranium - event-based What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Subscribe Loading... Price includes all taxes and fees. Secure checkout processed by Stripe. What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Premium USD $68.00 first month then $79.99/month. Cancel anytime. All individual packages except Live Trade Strategy: Bond Market & TLT, Dollar & Carry Trade, Volatility Index US Market: S&P500, Nasdaq, Dow Jones, Russell Commodities: Oil, Natural Gas, Silver, Gold, Uranium, Wheat, Corn S&P500 Sectors; Magnificent Seven Global Inflation Tracker Oil Studies, and more. What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Subscribe Loading... Price includes all taxes and fees. Secure checkout processed by Stripe. This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content.