Financials On the Edge (XLF)

March 8, 2012

 

The heikin-ashi chart shows signs of reversal.

But, the heikin-ashi oscillator is slightly above zero. A bounce at zero would be a bullish sign.

Conclusion: As in the real life (read Greece), the financial sector is on the edge, easily to fall or to rise.

 

Financials On the Edge 3/7/2012  XLF

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