XLF (financial sector ETF) outlook for September 1, 2014

XLF at yearly highs. The ETF is on a clear uptrend, moving in tandem with stock indices. Next support on the daily chart @ 23 (i.e. 1.5% lower). This level may be re-tested soon before the next leg higher.

XLF_20140829

Chart courtesy of StockCharts.com. http://stockcharts.com

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