The only reason I still cling to my xlf long position and still consider adding is very weak... I don't have a clue what will drive SPX into staying in this freaking 4... If I look at XLF & QQQQ I could say SPX is probably in 5 now. SPX has a long way to fall if these levels get taken out. 844.98/840
it looks like 5 has started with xlf... makes me sick I would like to sell my calls into any strength puke!