Auf geht's
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Canadian financial XFN to get shattered

Short
ISHARES S&P/TSX CAPPED FIN IND ETF UNIT (TSX:XFN)  
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TSX:XFN   ISHARES S&P/TSX CAPPED FIN IND ETF UNIT
Support and Resistance Trend Lines Economic Cycles
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supportandresistance trendline economiccycle
Technically, it is more probable that the upper resistance ceiling be broken for a bullish run, but I feel we will have another pullback to the lower trend line because of end of cycle, banks stage 1 reserves under funding might hit earnings pretty soon as the bank rebalance their reserves to cushion real estate defaults. A catalyst could be Canadian authority crack down on money laundering into REITs from abroad.
Kommentar:
Also the protectionism wave across the globe may have China enforce capital flow restrictions and may prevent rich Asians to buy REITs abroad. A catalyst for REITs bubbles to pop. Australians are the first to get hit because they are even more expose to that phenomena and their economy being a lot more integrated with China.
Kommentar:
Economies slowing down globally. Peak auto hinted by weak output numbers by major industries.
This upper trend cycle will soon be challenged. I'm worried about those bail-in rules.
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