Due to recent news from the Fed's stress test on big banks, $XLF is up in premarket hours. $XLF broke out above my area of Over Supply (short zone $24.57) which indicates strong bullish tendencies for this ETF. I'm expecting $24.57 to serve as key support as we may break key levels of resistance around $25.30 in the coming months.
Let's see how the dice roll...
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