Financials, Trades and Ideas

Financials Charts

I’m short [[FAS]] – triple financials ETF (from $17+ – left that trade running while away). Trying to see where financials will go next.

As a small hedge, I’m also short [[FAZ]]. My FAS-to-FAZ ratio is 4:1.

Triple ETF erosion is a beautiful thing, by the way.

Click charts to enlarge

BKX – Bank Index (daily chart)


XLF – Financials Select SPDR (daily chart)