XLF-Fnancials

By now you may have heard about the massive lawsuit against 17 banks. At  2 p.m. Representative Brad Miller is hosting a conference call with regard to the lawsuit filed by the FHFA, this should be interesting for financials. Some suggest this is a wolf in sheep's clothing and not at all what it appears to be. Here's the article from ZH.

In the meantime, here's what XLF (Financials) looks like on multiple 3C charts.

 XLF 1 min shows some intraday nervousness ahead of the PC

 All of the other charts are looking like they are accumulating strongly-5 min

 XLF 10-min

XLF 15 min