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DeadMoneyTrade

XLF breaking below a local demand line, rising top flat bottom

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SPDR Select Sector Fund - Financial (BATS:XLF)  
DeadMoneyTrade  
BATS:XLF   SPDR Select Sector Fund - Financial
Parallel Channel XLF
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parallelchannel xlf
Rising top flat bottom channel. Two key support targets for downside. Technical analysis would suggest downside price action from here. RSI close to breaking below 50.
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