XLF Spread Trade Update

The current spread trade in financial ETF XLF will continue. The expectation is that it will reach a value of $1.50. Some tidbits on the trade are below. A daily 6 month chart with 20 and 50 day simple moving averages is also below. Please note that today's trading is also included.The trade's expiration is Aug 17th. The original post on the trade can be found here.

- hammering up on resistance levels
- buybacks continuing
- Berkshire results released





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