Strong strong breakout for XLF
As I mentioned in a previous post, TNX yield should continue rising this 2022 as economy recovers.
That will be very good for banks.
39 should be a strong support.
Target price will be the height of previous descending triangle/c is around 45.
That will be very good for banks.
39 should be a strong support.
Target price will be the height of previous descending triangle/c is around 45.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.