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XLF Channel

XLF Channel

by The MoleMarch 4, 2009

UPDATE 10:53am EST: I find this XLF channel very interesting:

The early morning spike was an obvious stop sweep courtesy by the MMs. Back in the channel we go. The way I see it – as long as we stay inside these boundaries sell the rips and buy the dips. Just put your stop 10 cents above/below – very easy to manage. Don’t grab it right now as it’s smack in the middle of this thing.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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