XLF/XLE Making some progress

Financials and Energy seem to be making some progress, while all stocks have a correlation to the EUR/USD (more specifically to the $USD-dollar strength translated to market weakness), Energy has a stronger correlation.

 XLE-Energy 1 min positive as it remains in a range.

 XLE 2 min is a perfect example of the 1 min divergence migrating to the longer 2 min chart.

 XLE/Energy vs the Euro (red), you can see the correlation between the two is strong, yet XLE is working on a positive divergence.

 XLF/Financials 1 min

XLF 2 min.

Remember last night I mentioned that we'd need to see some strength in at least 2 of the 3 most important groups (ideally all 3), Tech, Financials and Energy.