It looks like financials-XLF are seeing some selling, that should hurt the S&P (SPY) a bit. All the averages have seen a bit of distribution in this lateral consolidation. I'd say we'll see some downward pressure soon.
Monday, December 27, 2010
UPDATE
It looks like financials-XLF are seeing some selling, that should hurt the S&P (SPY) a bit. All the averages have seen a bit of distribution in this lateral consolidation. I'd say we'll see some downward pressure soon.
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