New Area for XLF @ > 25 USD at least (historical context)What a rollercoaster the financilas got - no doubt :)
How ever, based on some strategic facts (point of views) i realized that the financial sector still got time and room to prices above 25 at least. Why ??? The Sentiment changed !!! And not only this - of course politics in the US too. And this is probably the most inflous - the most bullish factor !? CNBC Joe (Squaqck Box) said an interesting set which not tasted good at first, but as longer i am thinking about it, it`s sounding plausible: "Maybe we don`t see a Trump Rally !? Maybe it`s an Obama recreation" (he said this set not word by word - in context of course - don`t nail me for this quote). And thats what i am also starting to believe. It`s much more an recovery of the last 8 years - even under Obama (and his policy in context to the financial markets) - even in relations to the US Equities (Financials & Energy Sector).
I am not an political analysis or even political expert,
but this hypothesis makes sense in historical context of the chart!
And that`s the reason why i am so pretty optimistic - kosher confident (self-disciplined) not euphoric bullish. `Cause i can`t feel maniac future optimism around me - not here in chats, not on other intenet sites, not on CNBC or BloombergTv and by no one of my trading buddies.
2400 at least for the SPX are in (over Christmas into Trumpe Presidency start)
25 at least for the XLF are in (over Christmas into Trumpe Presidency start)
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
