$XLF: Sideways or down next

91
There's a trend that is expiring in financials here, which makes me uneasy for the broad market. Within the next 8 trading days we can expect either a sideways move near the target here, or a drop back to where the last trend signal started @ $34.1. I'd keep an eye out for reasons to short the market soon, financials might be warning us of impending risk if price drops from here next week.

Good luck!

Ivan Labrie.

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