Tuesday, February 2, 2010

XLF

I thought this Weekly chart of the XLF, with the Trend Following Model, Blue Wave, Advanced GET''s Elliott Wave and Vortex Indicator contains a lot of information about where the Financial Sector has been and maybe, where it is going:

XLF Weekly


That "50 PTI" in the lower right hand corner is Advanced GET's way of saying about a 70% probability of new lows under the early 2009 lows for a completion of 5 waves down.

A