Here's XLF-Financials
Note the leading positive divergence, this is what tells us if a move is likely a head fake or not. I like XLF for a lot of other charts as well here for a spec call position only.
This pattern I have seen so many times today I can't post all of them
The SPY with the same
The DIA with the same
The Q's have the same and a number of stocks as well.
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