XLF **Who Knows? Bull Flag, but Possible Break Down

SPDR Select Sector Fund - Financial (AMEX:XLF)

AMEX:XLF SPDR Select Sector Fund - Financial

Trend Analysis Chart Patterns XLF JPM citi

trendanalysis chartpattern xlf jpm citi

Bull Flag in place but looks like breaking down.

Projection: Monday - Breaks down to at least 30.50 and then it will be interesting to see if it breaks further down for a lower low or higher positioning into the JPM earnings. Your choice here. But banks look pricier than they have for a while. But if they impress look for a breakout from the bull flag.

Goodluck

snapshot

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