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XLF Makes For An Intriguing Setu



July 30, 2010 – Comments (0) | RELATED TICKERS: XLF

I really like this inverted head and shoudlers setup in XLF. The stop would go right below the right shoulder. If it can break through that resistance level, we could see the financial sector really make a run. But wait first for the stock to break through it.

By the way just got into TZA (small-cap 3x) at 31.45 with a stop-loss at 30.91.

Here's the XLF Chart Analysis.

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