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Few Chart Observations From Today

|Includes: TLT, SPDR Homebuilders ETF (XHB), XLF

By Jeff Pierce

Obviously XHB could fall down to the support zone, but today's bounce showed that it is still behaving bullish.

Financials have barely pulled back. A .50 correction is nothing.

Still bearish, but a countertrend rally is not out of the question.

If TLT corrects then the market will likely continue moving higher.