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MPTrader Mid-Day Minute
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Share Our Content: XLF Gaining Strength
By Mike Paulenoff, www.MPTrader.com The Financial Select SPDR (AMEX: XLF) is gaining some upside strength as it emerges from its 3-week sideways but base-link congestion area that projects a measured upside follow-through towards the 28.50 target zone. A climb above 27.50 should trigger upside acceleration. Only a decline that breaks 27.00 will begin to compromise the developing upside breakout. For more of Mike Paulenoff, sign up for a Free 15-Day Trial to his ETF Trading Diary. |
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