XLF tagged its May high to the penny, yest, and reversed.
Very extended from its 10day MA. Needs to pause, consolidate, then break out-- if the bulls really want to get another major upleg started. 23.85--90 would do the job, signal a financial all-clear alert... and that's less than 2% above current levels.
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well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.
please don't forget our weekly sentiment poll (viewforum.php?f=9). we have over 10 thousands visits here everyday, yet not many people are willing to vote, sadly. The poll will be posted right after the close.
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