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themarketzone

Warning signal for U.S stocks?

SPDR Select Sector Fund - Financial (AMEX:XLF)  
themarketzone  
AMEX:XLF   SPDR Select Sector Fund - Financial
Trend Analysis Chart Patterns SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) XLF JPM BAC falsebreak
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trendanalysis chartpattern spx spy xlf jpm bac falsebreak
Pay close attention to XLF today (FOMC) - Although it is currently testing support there's an option for a false break signal here.
If XLF won't close in green today after Powell's message, this can be a trigger for another short term wave (and potentially even a strong one) in U.S stock markets.
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