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Morning Matters:

XLF Falls To Break Out
by Geoff Garbacz

September 25, 2018

Last Wednesday the financials broke out. XLF closed at $28.73. It made a higher close on Thursday before giving back most of the gain on Friday and Monday.

As such, a close below $28.23 would give up the entire Wednesday gain. This needs to be watched closely. The chart is below.

[Image 1]

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