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ctpelot

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

Short
SPDR Select Sector Fund - Financial (AMEX:XLF)  
ctpelot  
AMEX:XLF   SPDR Select Sector Fund - Financial
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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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