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Daily Archives: December 9th, 2007

Market Forecast for Week of 12/10 (Part II): Sector Watch

XLF (financials)

We talked about XLF last weekend and are still watching it closely. We were looking at the resistance at $31.5. XLF tested that resistance this past week, but, didn’t close above it. However, the 10-day MA has moved above the 20-day MA and both have turned up. So, again, we’ll […]