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XLF and others might lead the way

AMEX:XLF   SPDR Select Sector Fund - Financial
As noted in my previous ideas about $SPY ( bearish ), $XLF, $XLI, $IWM, $XLE might be the catalyst that leads the markets higher. $XLF tapped the 8day EMA twice before going back to positive which to me shows resilience with a market that has no sense of direction. A nice hammer doji before breaking off into Memorial Weekend. XLF might try and tap the upper band (38.50 - 39) before fading back to middle channel.

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