XLD 1.59% 1,617.3 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-469

  1. 16,642 Posts.
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    yep, a top of some sort is in for a while for sure.

    especially while the financial services royal commission (FSRC) is still in play

    That big green bar was buying though, so a re-accumulation at some point won't surprise.

    I don't expect the banks (and other financials) to have ongoing difficulties after the FSRC is done and dusted.
    There might be some new regulations, but in a year or so I expect them to be back on track.....and most will not even remember the FSRC.

    cheers
 
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