Tuesday, July 16, 2013
Tuesday afternoon
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| XLF Daily Chart (11:11 AM) Click on chart for a better view |
With the market looking like it will have a red day perhaps it's a good time to watch and plan ...
Here is one I'm looking at and planning for a long entry. I want to see a pull back to somewhere around the white line and buy the bounce. It could be a little lower, maybe a bounce from 20 or the 20 day or the 50 day sma but it should find support somewhere on that path.
Note: You can see my chart tabs at the top. These are the time frames I like to check. I used to have a weekly tab but I have not rebuilt it yet. Each of the tabs has different indicators.
