XLF Nears Key Multi-Month Support

Most of us undoubtedly are scouring the indices, sectors, and individual names for clues about the "integrity" of either yesterday's decline, or for continued evidence of the dominance and health of the longer-term bull trend.

Included in the discovery process sighted above must be a view of The Financials, such as the Financial Select Sector SPDR Fund (XLF)-- about 14% of the underlying benchmark SPY, the health of which is imperative to the prolongation of the underlying bull market.