Financials were up yesterday across the board in the US, XLF +3.44%.
This will be the thing to look for in the coming weeks as we head higher SPX 3400 target. We need to financials onboard for the market to continue higher, therefore SPT will follow the trend of the general market.
Keep an eye on tech (QQQ's), these will lead the way if there is trouble ahead.
For now just enjoy the ride and be sure to use appropriate risk management
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