Tuesday, November 25, 2008

Financials are holding the market up

My signals are showing XLF is holding up and with XLF in bullish mode, the market will trend up. I'll expect the market to be even today and resume the rally tomorrow.

XLF weekly: My signals are showing sign of cross over.


XLF daily: Slightly below resistance of $13.


XLF hourly: A bull flag is form. It should break out in the later part of the day.

No comments: