Jovist

Is XLF on a downtrend?

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AMEX:XLF   SPDR Select Sector Fund - Financial
I believe that XLF has potential to touch $32.34 if it breaks $34 and may even retrace back to $30.20. Have patience and wait for it to break 20dma. Huge potential for profits from puts. It may happen in next week or two. Not a financial advice and as always please do your own DD.
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