Financials Still Weaker

01/15/2009 10:22 am EST

Focus: ETFS

Thomas Aspray

, Professional Trader & Analyst

chart

The chart of Financial Select Spyder (XLF) continues to act weaker than the S&P 500, as it has made lower lows over the past year. The lower support on the chart is in the $6 area with resistance near $13.

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