Thursday, September 1, 2011

FINANCIALS Taking it on the Chin

This may be your last opportunity to get some shorts at a reasonable price, this a.m. Financials are already down over -1.2%

 Yesterday the 15 min chart did more damage to XLF

 As did the 10 min chart, this looks like the reversal day .

As for sectors, Financials are at the bottom in green and most definitely out of rotation.

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