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Flash430
Apr 8, 2018 1:05 PM

XLF short Short

SPDR Select Sector Fund - FinancialArca

Description

Remaining short. XLF looks like it is heading lower still. Break of trend and 200DMA support suggests $25 on a close below $27. FED continuing to raise rates with no meaningful inflation reinforces US curve flattening, and damping loan demand, negative for banks.
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