XLF Bulls Manage Another Crack At 2007 Resistance, Meet With Failure Again

posted in: Credit, Economy, Equities, Technicals | 0

Once again, XLF (SPDR financial ETF) has been denied at resistance that goes back a decade. In December 2015, for the first time since July 2006, the Fed raised the fed funds rate.  It was a 25-basis-point increase to a … Continued