The Traderszone Network

Published in TZ Latest News 6 May, 2014 by The TZ Newswire Staff

XLF Pauses In The Caution Zone

The XLF ETF – Financial SPDR – is one of the most influential ETF’s to support the long term bull market. Bank managers see financial issues before other sectors and the broad array of industries within the financial sector can mask the actual performance of XLF. The sector contains REIT’s, Insurance, Regional Banks, and Brokers to name a few. Importantly, the Brokers and Banks are breaking their long trendlines from 2012. Sometimes the long term chart of an entire sector can help us the most as we start to micro analyze the trends. So here is a weekly view ¬†of XLF.

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