XLF (Financial Sector) Technical Analysis 9/11/98

in #stocks6 years ago

XLF (Financial Sector) had a bear break today and made a lower low on the daily time frame, but the bulls managed to buy the dip before breaking the daily support of $28.10 and closed just above the middle Bollinger band (20MA). Next resistance for the bulls is $28.64 and the all time high of $28.70. Support is the low of Tuesday at $28.12 and the last daily higher low of $28.10 and then $27.61

XLF Daily Chart
Screen Shot 2018-09-11 at 10.43.57 PM.png

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