Chartology: Financials (XLF) Running Out of Shoes


Note: Tagged and searchable under “chartology.”  

Note that the weekly chart (not shown) is on bar 9 of a perfected DeMark sell setup.

Financial sector index (XLF) annotated daily stock chart with technical analysis overlay as of February 3, 2012.  Price Support and Resistance. Weekly DeMark sell setup.  Overbought financials. XLF


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No positions in any of the securities mentioned at time of publication.

Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of his employer or any other person or entity.

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