XLF- We Hope We Are Wrong

XLF is heading to a significant crossroads

We will get into the details of the price structure in a future post but know that we STRONGLY feel XLF is heading towards a MAJOR TOP

SPX is in a similar position and its downturn is going to amplify XLFs speed lower

As we said previously this will definitely rattle world markets

As the Banks go, the markets go

Boy we hope this is wrong...
Note
Price has moved squarely into the topping zone

We are definitely watching for volatile moves to the downside

Tick...Tock...

snapshot

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