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themarketzone

Potential Sell Zone towards FOMC

Short
SPDR Select Sector Fund - Financial (AMEX:XLF)  
themarketzone Updated   
AMEX:XLF   SPDR Select Sector Fund - Financial
XLF financials financialstocks SPDR S&P 500 ETF (SPY) DXY fed RATE
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xlf financials financialstocks spy dxy fed rate
24-25$ is a potential Sell Zone that includes:

1) Weekly Structure
2) Bearish Crab
3) The 78.6 Fib level (reversal level)

A close below 23$ can provide the confirmation signal - In such case, XLF target will be 21$
Comment:
Reach target 1 for aggressive traders.
Next target zone 21$
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