Friday, November 20, 2009

$XHB, $XLF, $IWM Back Below 50DMA, Nikkei Testing 200DMA [Charts]

XHB, XLF and IWM are under their respective 50dma's and the Nikkei ($NIKK) broke support and is about to test the 200dma. Will housing, financials and small caps drag SPY to the 50dma?   Futures unchanged, we'll see.









Charts Courtesy of Stockcharts.com
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