XLF is bearish/weak due to trading below the 200-day MA; shorts are advised to cover as it may bounce before earnings.

So, uh I would go with that 100%. Banks no love yet. You're right. That's that's why people are having problems, you know, really getting that involved because they're like, "Oh my goodness, look at the XLF. the XLF is below the 200 day.

Holy cow. When the XLF is below the 200 day, nothing good happens, right?"

You've heard the saying, nothing good happens below the 200 day. Well, first of all, if you get out as a momentum active involved or trader when they broke the 821 day, you don't have to worry about what happens at the 200 day. You could test levels.

So, if you would have gotten out here, I like to show you the part of the chart so next time it happens, you'll see it versus be caught. I don't want my dogs caught in in a move that they could have got out of the way and or got short and that was right here.

Right. This is where the 821 they curled down. This bar right here gave you a spot to get out and then it even retested and got rejected.

Oh, look at this. An H cell setup. Remember that I taught you guys a bunch of years ago, too, where you have the pole. You know, you could short into resistance. Then when it breaks the bottom end of the H, you could add.

So, if you're a really good short, this has been a really good short.

I don't love to short, so I just I'm not long it at least. I don't hold my breath and go under water. I'd rather be in active long and find those situations.

But anyway, um what was the low here? The low here was 5337. Earnings are going to start coming out in like a week or two. So, you could see some kind of oversold bounce. So, um I would not be short here.

Same way you don't want to buy after four up days, after one, two, three down days. You know, it's harder to also be short. I mean, you know, so take that trade if you don't don't look for the juice, right?

you want the meat and potatoes of the trade and the meat of the potatoes trade and the XLF to me is, you know, kind of lower.

So, if you're short the XLF, I I would cover some, you know, great trade. Good job. Um, if you're going to buy it, like you just saw a red dog reversal in Tesla, works anywhere.

So, you're going to probably want to see the XLF reclaim 5337. So, wherever that low is, it reclaims it and maybe gives you a little bit of a of a broken bounce.

And then you see if that broken bounce leads to a sequence. Sometimes a broken bounce could lead to great better action that that pays you to stay there. Right? Don't you like to get paid to stay there?

It's not predatory. We haven't had that in a while. Usually you're not getting paid to stay there. You're getting paid to take the trade and say thank you. I thank you sir. Can I have another? You don't want another.