Whatarollercoasterday-a0.5cutasthemarketexpected,buttherallyfellapartfacingmorebadnewsfrombondinsurersandSPdowngrades.
Thecutdidn'tsaveinterest-sensitivesectors,suchastheXLFandXHB,bothwere"leading"thisrally.XLF'sreversalcamewith40%morevolumeandXHB's5MAturnedsouthwith70%morevolume.Botharenotencouraging.
XLY'sreversalcamewith50%morevolume,andEEB's5MAturnedsouthbutwith20%lessvolum...[阅读全文]