XLF time for the rising wedge to uncover

XLF is in a huge rising wedge from a bearish point of view and in an inverted Head and shoulder pattern from a bullish point of view. Unfortunately for one side, this will move very fast and strong on one side. The information from this chart indicates it will be down, or to say on the proper way there is more chance to drop than to go up from here (this is a game of probabilities, not certain things, and we need to bring odds in our favor to earn money while trading). We had 6 tries to breakout out of the neckline to be able to say we are going to an all-time high, financials break it and trigger a very powerful and tradeable bullish pattern Inverted Head and shoulder. But each of those 6 times the XLF pump above the neckline was smashed right away which is a sign of a bearish market. Same as on QQQ, if there would not be a set sell signal before, now it is for sure.

Volume does confirm price action. Volume on the downside is much stronger than on those trying to break out.
RSI after huge bearish divergences is now dropping to neutral territory.
MACD is ticking lower and lower while the MACD line will very likely today fall below the signal line signaling short opportunities.

Overall: financials just don't have the power to cross the neckline and start a massive bull move up which btw would bring the whole market up. WQe can't go anywhere with the financial sector, just can't and won't. Therefore this is a very crucial time for the market as a whole. If XLF really drops from here drops below the trend line and triggers a rising wedge pattern it is over for bulls for some longer period of time.

If bulls don't wanna see the nasty and red first half of the year they need to start buying right away. The chances for breaking the rising wedge are much higher than the neckline due to the mention above.