$XLF trading near 2-year highs with 50-sma past the breakout/support line. Financials have moved up to the #2 weighting in $SPX. pic.twitter.com/geEy2512bp — Larry Tentarelli, Blue Chip Daily (@bluechipdaily) January 25, 2024 🏆 Today’s Chart of the Day was shared by Larry Tentarelli (@bluechipdaily) The Financial sector ($XLF) has been the 2nd strongest sector since […]
Chart of the Day – Wednesday, March 15th, 2023
Downtrends do downtrend things like, uhh, go down… $CS ↘️ pic.twitter.com/4z4Ni3AwGu — Grayson Roze (@GraysonRoze) March 15, 2023 Today’s Chart of the Day was shared by Grayson Roze (@GraysonRoze). The saying “The trend is your friend“ gets thrown around so often that it’s easy to dismiss it as a cute rhyming platitude. However, we’ve seen numerous examples […]
Chart of the Day – Tuesday, December 6th, 2022
Financials getting rejected at a logical level of overhead supply. Momentum never hit overbought to confirm the slightly higher high $XLF pic.twitter.com/nssbwA2Qq1 — Steven Strazza (@sstrazza) December 6, 2022 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). It’s a chart of the Financial Sector ($XLF) over the past two and a half […]
Chart of the Day – Wednesday, October 12th, 2022
Financials are back to the scene of the crime as we kick off the Q3 earnings season. This was the place of the 2007 highs, the 2018 highs, the 2020 highs, and this summer's lows. Hard to think of many more important charts than this one pic.twitter.com/eNtvdOvqIp — Austin Harrison, CFA, CMT (@meanstoatrend) October 12, […]
Chart of the Day – Thursday, September 8th, 2022
anyone taking this pic.twitter.com/7dmE8bYN67 — Arun S. Chopra CFA CMT? (@FusionptCapital) September 8, 2022 Today’s Chart of the Day was shared by Arun Chopra (@FusionptCapital). It’s a daily candlestick chart of the Financial Sector ($XLF) year-to-date. The five largest stocks within the Financial Sector, include Berkshire Hathaway, JP Morgan, Bank of America, Wells Fargo, and […]
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