7.24.17 | XLF | Bullish trend shaping up.

XLF - Is on the rise to break out of a very slight downward channel. A close above $24.93 will indicate a high probability of a bullish trend breaking out. The Rally is already starting to fan out and the Ichimoku Cloud is very bullish. The cloud thickening is a strong sign that price will continue at it's current rate of increase and the bullish trend is sustainable.

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Trade Idea VOIDED on 8.10.17