Turnaround Tuesday 21st October, page-3

Crunch time for Financials.

Here's the chart for XXJ (Financials x-Propety).



That support/resistance line is massive.

Momentum Indicators are by no means overbought - but elevated enough. If this is a bear market, then they're high enough for a fall. If we're still in a bull market - there's plenty of upside left. What happens next might let us into this conundrum: bull or bear?

Redbacka