CFD Trading – Buy SPDR Select Sector – Financial (XLF.NYS) @ $33.90. Stop @ $32.90 and Target @ $36.00.

Financial Select Sector Stock Code XLF.NYS


Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is hinting at a bullish price trend after a bullish crossover and moving above the zero line. If price can stay above the cloud, it could be heading towards the previous resistance at $36.03 in the next -3 weeks.


$33.90                Buy

$36.00                Price Target

$32.90                Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.