Monday, November 19, 2007
Breakdown on multiple sectors
We have now gotten a breakdown of multiple sectors. The XLI, XLB, and XLY have all broken support to the downside. The semiconductors have also broken down. Interestingly the XLE, or energy, have held up along with the S&P which has created a dbl-bottom. We'll see what kind of bounce we get and will be watching the volume as well.
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