by Jeff Pierce, Zentrader
Obviously XHB could fall down to the support zone, but today’s bounce showed that it is still behaving bullish.
Click to enlarge
Financials have barely pulled back. A .50 correction is nothing.
Click to enlarge
Still bearish, but a countertrend rally is not out of the question.
Click to enlarge
If TLT corrects then the market will likely continue moving higher.
Click to enlarge
Click to enlarge
