XLF Follow Up and XLE

Here are yesterday's two Financials posts

Post 1

Post 2

Clearly yesterday Financials were stirring, as I said, the market isn't going anywhere without financials and energy.

Here's XLF today

 XLF breaking the short downtrend line.

 The 1 min XLF 3C chart, with a nice round of accumulation on the closing dip and throughout most of the day. Thus far this morning we even have confirmation.

And the 5 min which also acted well yesterday, is not only confirming, but in a leading positive divergence!

As for energy...

 XLE also broke the short term downtrend line this morning

Yesterday, accumulation at the lows at  2 p.m. and a bigger round at 3:30. Thus far XLE is confirming the move up of 1.25%

So far we have a pretty good start on the day.