markets going to water today buckets out, page-86

If you believe the statement “The Financials Lead the Market” is true, then we are certain to break and exceed The Nov. US lows .

In January, the XLF broke the November lows and today, the XLF broke the January lows, setting in an all-time closing low today.
Now that 800 is broken on the S&P 500 and the Dow Jones is so close to breaking fresh lows. There are likely a lot of stop-loss orders beneath these important levels.