Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
Financial Select Sector SPDR Fund (GIF:XLF)
Crossroads (+60) - XLF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XLF?
MarketClub looks at technical strength and momentum to determine if the timing is right for XLF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XLF
The long-term trend has been DOWN since Feb 25th, 2020 at 28.689
The intermediate-term trend has been UP since Jul 15th, 2020 at 24.214
The short-term trend has been UP since Aug 6th, 2020 at 24.388
Smart Scan Analysis for XLF
Based on our trend formula, XLF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).