$XLF breakout above high of post-March trading range. Also for folks who care about MACD, a crossover just occurred, short-term trendline broke above long-term; havent tested that signal yet but hope to soon. Might look at what macro setups XLF enjoys also (yield spread, etc)
Looked at CPI YoYchng, TotalBizSales YoYchng, ConsumerSentiment, ConsumerSentYoYchng, vs XLF future returns (absolute, and relative to wilshire 5000; tried a list of lookahead periods, searched4strongest). Basicaly, found nothing. At least now I know lol @Coronawatch10
The only thing I found was a very very small relationship with 10yr yield. However I still need to test nominal changes in 10yr yield, as well as nominal chng in 10yr vs 3th yield spread.
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