MACRO VIEW: XLF AT MACRO UNCERTAINTY, STILL RECOVERING FROM 2008
Financial SPDR ETF is still recovering from 2008 losses and did not make it back in terms of prices.
On long term basis - XLF has only recently crossed back the 10-year mean upwards (now at 21.50) and have been in 5-year uptrend until the recent August selloff. Currently it is trading within 1st standard deviation from 5-year mean, showing no macro trend.
On short term basis - XLF is also showing no trend, as the price is trading within 1st standard deviations from 1-year and quarterly means.
In summary, the 5-year uptrend will resume only after price will cross back 24 (5-year uptrend border). Until then, trend is lateral.
On long term basis - XLF has only recently crossed back the 10-year mean upwards (now at 21.50) and have been in 5-year uptrend until the recent August selloff. Currently it is trading within 1st standard deviation from 5-year mean, showing no macro trend.
On short term basis - XLF is also showing no trend, as the price is trading within 1st standard deviations from 1-year and quarterly means.
In summary, the 5-year uptrend will resume only after price will cross back 24 (5-year uptrend border). Until then, trend is lateral.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。