XLF: the trend gains conviction
XLF rises 1% as the trend gains conviction with the ADX climbing
XLF: the trend gains conviction
Our view last week
After the 3.8% surge two weeks ago — almost entirely buyer-driven — XLF pauses this week with a modest +0.2% and an indecisive bar with a reduced body, sellers slightly ahead in the session. Underneath, the picture keeps improving: weekly MACD and momentum keep climbing, and the price stays boxed between a support and a resistance right under its recent highs. The trade now sits at a 6.26% gain since entry.
This week's summary
XLF technical analysis: the US financial sector ETF rises 1% this week with buyers and sellers back in perfect balance — but underneath, the picture is strengthening. Money flow has turned firmly positive, the weekly MACD keeps improving and the ADX is climbing, a sign the trend is gaining conviction. The price is hugging its recent highs, and the position open for 13 weeks now sits at a 7.3% gain.
IQS Phase
68
in tension
Signal Strength
12
low · fading
Sizing
MINIMUM
Ranking
#111 / 112
US stocks in progress
Trade P&L %
+7.30%
from signal to today
restricted Platinum content