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Short

$XLF Financials showing signs of a possible 20-30% Correction

AMEX:XLF   SELECT SECTOR SPDR TRUST AMEX FINANCIAL SELECT INDEX USD DIS
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It is not a hard concept to grasp. The markets respect these Fibonacci Levels. XLF vs SPY has been another weak indicator for the financial sector. It would not surprise me to see prices in the $17-$18 range in the intermediate term.
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