Financials at Support

Financials at Support

The financials are at strong support at 14 (7 touches) and there is some (low) probability that the financials will bounce here. Still if the financials close below 14, then XLF could drop all the way to 13 and fill the gap from 7/31/2009! If XLF does drop to 13, then I am sure it will hit 12.6 as well. OUCH!

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