Financial Sector ETF (XLF)

tested the important level of 26.20 and has held so far which adds further significance to the 26-26.20 area. The biggest reason for concern (besides the longer term downtrend) is the low volume of the rally from support. Only price pays, so it does not make sense to fight the trend, but failure to make a higher high and a break below 26 could lead to a move back down towards 25.50.