If you said FINANCIALS, you are right and this is a major development today, it doesn't matter if the price decline was -.25% or the real -2%
XLF broke an intermediate term trendline of support-this is where the trouble is
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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