jmboyer1

H&S in XLF (Financials)?

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BATS:XLF   SPDR Select Sector Fund - Financial
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Possible H&S top in XLF (Financials)? Not the most symmetrical or aesthetically pleasing H&S--especially the downsloping neckline, but not all H&S are picture perfect, either. FWIW, read somewhere when H&S do have downsloping necklines the equity/etf is much weaker than average H&S pattern...so if this confirms, Financials might be a better than avg. short.
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