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Keegan

XLF Hits Target of 26.69

SPDR Select Sector Fund - Financial (AMEX:XLF)  
Keegan  
AMEX:XLF   SPDR Select Sector Fund - Financial
Harmonic Patterns
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harmonicpatterns
XLF has reached its minimum target of 26.81. So far HSI and Amp RSI show no signs of an impending reversal.
Thus this would be a time to consider taking some profits off the table but not to take a short.
Amp RSI in particular shows extreme overbought behavior which suggests price needs time before a reversal can happen.
Check my twitter account for more details: @KeeganHT
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