XLF, the banking sector ETF, is in a retracement mode of a Bullish Butterfly and approaching a symmetrical target at 24.54.  Due to expansion of price, there’s a probable stall or snap back to the initial support test at 24.27 … Continue reading →

Crude oil futures Day chart shows there was a bullish harmonic pattern completion at 37.75, called a Crab, this particular pattern has reached it’s ideal minimum retracement target area of 47.62, if the retracement mode continues, there are distinct targets … Continue reading →

XLF, The financial sector ETF, monthly chart shows there’s an emerging harmonic pattern called a Bat.  This particular pattern’s completion target is 34.47 however, there an intermediate factor in play whereas another pattern called ABCD, which is a measured move, … Continue reading →

Are the bears, bulls or sharks cashing in on the XLF price movement?  The Day chart shows price is in a sideways range showing the current bias with neutral to a slight upside preference.  I’d like to see either a … Continue reading →