Tuesday, March 17, 2009

XLF - Perfect setup / Oportunidad perfecta



English-
XLF- Look at this daily chart. You can see perfect support (blue arrrows) and resistance (red arrows). Also the stock has a clear downtrend line which has now met the resistance line. Two possible trades for this etf. The first one is to get long on a close above the downtrend line. This would be a double break of resistance (lateral resitance and downtrend), remember a close price above. The second possible trade is to short for a pullback to the lower support area (black arrow) where shorts can be covered for a scalp trade because this is the area that longs should be thought about again, stops for this trade should be above the downtrend line.


EspaƱol-
XLF - Miren este grafico diario. Pueden ver suporte perfecto (flechas azules) y resistencia (flechas rojas). Tambien se ve una linea de tendencia bajista que termina de llegar a la linea lateral de resistencia. Se puede pensar en dos posible operaciones. La primera es de entrar en largos despues de cierres por encima de la linea de tendencia bajista. Esto seria una doble ruptura (tendencia bajista y resistencia lateral), recuerden un precio de cierre por encima. La segunda es de operar en cortos para un pullback a soporte (flecha negra), area en donde se pueden cerrar los cortos para pensar en ponerse largos para la proxima movida alcista. Stops para la operacion en cortos es por encima de la linea de tendencia bajista.

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