This is just a possible double bottom, I always laugh at people who make that sort of call without it being tested... But half the financials I'm tracking are making a lower low and half a higher low.
and oil is trying to correct at the same time...
or it breaks down
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Monday, June 9, 2008
xlf Thretens double bottom
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