XLF 15 min, looks like it's morphing into a H&S pattern,
since this index has been leading, this sector is VERY important to
watch, if it breaks down, the market should pullback too, but if it
holds up, so will the market, keep an eye on it
but for now, TICK is positive and the trend is up, don't fight
it
XLF 15 min.png XLF 15 min,
Posted by matt on 17th of Mar 2009 at 01:32 pm
XLF 15 min, looks like it's morphing into a H&S pattern, since this index has been leading, this sector is VERY important to watch, if it breaks down, the market should pullback too, but if it holds up, so will the market, keep an eye on it
but for now, TICK is positive and the trend is up, don't fight it
XLF
Posted by junkmaylbox on 17th of Mar 2009 at 01:44 pm
volume on the XLF is below average, though. the same for iyr
http://www.investors.com/quotes/default.asp?ac=&t=xlf