XLF chart below is a rough draft.
Other patterns can also be drawn.
Bear: Coil and possible Bear Pennant. Down channel.
Bull: RSI downtrend broken (marginally). Stoch curling up. MACD hist rising.
60 minute XLF
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Friday, December 4, 2009
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