XLF Hits 52 Week Low - Market Next?

Many leading financial companies such as JP Morgan, Goldman Sachs, and Bank of America plunged to new 52 week lows recently. What does it mean and is there a fade trade (bounce) setting up here?

Many leading financial companies such as JP Morgan, Goldman Sachs, and Bank of America plunged to new 52 week lows recently. What does it mean and is there a fade trade (bounce) setting up here? Corey Rosenbloom discusses this and the updated levels in the XLF in tonight's video.

Video Length: 00:08:50

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