Financials about to complete 61.8 correction The Financials are looking strong today as we get closer to FOMC minutes.
XLF is about to complete a 61.8 Fib correction to the bearish move that we had two weeks ago when XLF touched 2008's levels.
This can be the end of XLF's bullish pullback... if it's a pullback :)
XLF will definitely be influenced by today's minutes.
Check it out