Potential Buy Alert XFJ
XFJ – S&P/ASX 200 Financials Index
The XFJ financials Index is showing some promising signs as we see the index in a prime position to build a move higher. With the potential for interest rate rises in Australia in 2018, we see the banks as having the potential to drag the index higher. There is still some issues to work through for the banks, but the groundwork is being laid for a move up.
Index Code : XFJ – S&P/ASX 200 Financials Index
Current Price : 6502
Status : On watch for move higher