XLF Inverse H&S breakout.

٢٧ أغسطس ٢٠٢٠

As noticed yesterday XLF seems to be trading in series of H&S patterns. We've had a confirmed breakout of the IHS pattern it had been forming.

It appears that the height of the breakout is equal to the previous head. I'm projecting this will run up to touch test the 200 DMA which is around $25.75-25.80