CLICK ON CHART TO ENLARGE
The KBW Banking index is nearing a price zone that has been key to it as support and resistance for over a decade. The Financial ETF (XLF) finds itself at the 50% Fibonacci recovery price of the 2007-09 Financial crisis
Both of these key levels are being hit at the same time!
Joe Friday… A breakout above these prices zones would be good for Financials & the broad market!
–
–
