Rochester, NY 7/31/2009 12:02:06 AM
Financial Select Sector SPDR XLF, XLF Runs Bullish Formation
Financial Select Sector SPDR
The Financial Select Sector SPDR bullish continuation pattern results from the last 4 weeks spent by the company last 4 weeks carving out a coil formation atop its Mar-May upleg.
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This will then trigger upside acceleration towards the next optimal target zone of 13.20/40.
SPDRs Select Sector Financial ETF (XLF) has Short Term PowerRatings of 4.
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