Sunday, July 15, 2018

Update on XLF Trade

The spread trade for financial ETF XLF will continue. The original post can be found here. There are two weeks remaining on the trade. There was  a long tail formed on Friday. With earnings coming from Goldman Sachs, and Morgan Stanley, there is still plenty of opportunity of volatility. The sector is still in correction mode. Supports continue to get tested. Below is a weekly chart with a 20 and 50 dma. 




 ** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **



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