Tuesday March 12, 2019
Bank stocks rallied when it appeared interest rates were rising. Now that the ten year yield is falling the XLF is looking weak.
MACD is at its highest but XLF is failing at its 200day MA.
Cullen Frost Bank
I bought around 87 and enjoyed the ride to 105. Then CFR quickly dropped to 100. I put in a limit order to sell 102.21 and was filled. Looks like the rally is ending here.
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