Wednesday, January 14, 2009

SPX vs XLF

We have discussed at length the wider range that the SPX is in.  It is now sitting at the bottom 840-850 range.  This is also the October lows. 



The XLF has moved well below its October lows and is approaching its November lows. We will continue to key on the XLF and its leaders as one key to our trading. 





Matt Mersch, Trading RM
mm@tradingrm.com

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