I never know if this is useful. but back to the XLF

I can throw wave count reversals on this. I can talk about Aversion. Oil Breaking.... Reduced negative Sentiment.

But This showed a "Lack of bounce" I saw Short covering, and some Trading, Some High volume buying(relativly speaking) in some names. I can talk about how the Charts are messy because of The Low volume week.... Etc... Etc.... But the XLF Dug into it's base... showed little life, Most the market is showing Bear Flag After Bear Flag..... In the down trend the XLF could make 18 and still have made a "higher High" on a monthly Time frame.

But... I may still watch and day trade some.... I may acumulate some names if it gets rough.... but I think the Profit is out of it, for a while. Even if it bounces it looks like it would have a hard time hitting 21.50.... and the idea, of weakening volitiltiy, and the possiblily of the Possible Pennant formation, have me sidelined...... IT's not a fun game.... I like fun games...

I read technicals Like:

"the pinball wizard"

and I like to get paid, my money is waisted here. Even if we bounce... Which we Very well could.
The Euro/dollar is in a clear state of decay, and the Clock is ticking on a break in oil.