Finance SPDR Leads Market Higher as Price Relative Turns Up
The Finance SPDR (XLF) led the market higher with a 2% surge on Thursday. With this move, XLF is challenging triangle resistance and the September high. A breakout would signal a continuation of the bigger uptrend and argue for new highs. The indicator window shows the price relative (XLF:SPY ratio) turning up and breaking its September high.
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Finance SPDR Leads Market Higher as Price Relative Turns Up
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