Auguraltrader

XLF... Financial sector holding up market, not tech

AMEX:XLF   SELECT SECTOR SPDR TRUST FINANCIAL
Oddly enough, for the month on February, Financials have been holding up the equity market, as Technology is rotating out in a retracement.

This may also mean that any perturbation on the Financial sector, could crumble the indexes.

Watch this space...

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Simple yet effective!
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