XLF- needs some heavy support here

13 thg 5, 2022

Banks have been selling off since the beginning of mid-January and could have some more bleeding to do as well... also, we must take in the fact the banks are invested in to BTC & ETH and other crypto's as well and could be losing in the realm as well and smart money knows that, heavy heavy puts on the banks side... and we see citadel is handing them with the crypto as we saw Luna terra crash over the week. Low P:E ratios are about the only thing attractive in these bank stock prices but again they were the first to give out earnings and that's old news by now.