Wednesday, June 5, 2013

XLF looks Really Interesting Here Too, Shares a Common Thread With Many Assets Today

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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