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cerealtrades

fat gap up in financials. what now? (XLF)

SPDR Select Sector Fund - Financial (AMEX:XLF)  
cerealtrades Updated   
AMEX:XLF   SPDR Select Sector Fund - Financial
Trend Analysis Chart Patterns Technical Indicators financials etfs
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trendanalysis chartpattern indicator financials etfs
either were aiming for closure of the gap, or continuation. since the gap is quite large i imagine we continue the bounce as over 40.50 is likely from the size of retracement.
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just stuck in this sideways action it seems to be breaking qqe is putting in a long entry 15 minutes here
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so we got this outside down hour bulls will need volume to reverse trend not to say they cant do it but the burden of proof has been shifted to their side
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trying to break range up
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i would close long at the upper end of this regression
good spot to take profit long
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