Sentences with phrase «increasing bullish momentum»

The increasing bullish momentum in the financial ETF we mentioned last Friday can be easily seen on the percentage change chart below, which compares the performance of S&P Select Financial SPDR ($ XLF) against the S&P 500 SPDR ($ SPY), a popular ETF proxy that tracks the performance of the broad - based S&P 500 Index:

Today, we follow - up that analysis by examining in more detail the increasing bullish momentum in the financial sector.

A weekly close above 19.51 would certainly increase the bullish momentum.

Not exact matches

This ensures that bullish intermediate - term momentum is in our favor, which dramatically increases the odds of a profitable trade.

bullish momentum), this increases the probability for a channel breakout, which is co-related to daily analysis, that market will have to retrace first.