XLF ETF: Sell opportunity on 1D.

6 thg 5, 2019

A Golden Cross took place (MA50 crossing over the MA200) on 1D on the XLF. Although this is theoretically a bullish development, its has been bearish on 1D in the last two times that this was spotted. In fact the price lost around -3% from the top candle of the Golden Cross until it touched the MA50 again. This gives us a roughly 1 week window and short opportunity.




** If you like our free content follow our profile (tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.