Thursday, 6 July 2017
Financial Select Sector SPDR Fund and Bank Stocks Worldwide (NYSE: XLF): 6 July 2017
Financial Select Sector SPDR Fund and Bank Stocks Worldwide (NYSE: XLF):
6 July 2017, Wednesday, 11.42am Singapore Time
(Click on Chart above to Enlarge)
Attached above is the technicals for Financial Select Sector SPDR Fund (NYSE: XLF) reflecting Wall Street action towards Financial and Banking stocks. It gives a glimpse into how bank stocks worldwide will perform: hyper-bullish with much more upsides to go. The light blue circled regions are my 2016 live fore-warnings to massively re-accumulate finance and banking stocks together with smart monies all over the world regardless of which country you are in, amidst the global gloom and doom due to FED rate hikes. The massive volume re-accumulation as highlighted in the technical volume flow means that the global bull market is guaranteed to continue running up for 2017 and 2018. Character of big bull market is also highlighted on Technical Chart attached for your learning.