Agreed. I’ve been highlighting the financials frequently in recent videos, stating that as long as they hold up, the stock market will most likely as well. XLF hit & successfully defending that confluence of support I recently highlighted (200-day SMA & EMA plus the 51.32 key price support. If/when that goes, the market will likely go with it. Until then, financials (#2 $SPX sector) continue to hold above key support & exhibit relative strength as tech (#1 $SPX sector) wobbles.

I threw out CMSCA as a trade idea recently, but it just can’t seem to catch a bid to save its life lately. It did, however, break out above the downtrend line yesterday, but best to see it clearly take out that R1 resistance level & the top of the gap that’s just above it (and even better if the broad market is holding up at that time). Here’s my daily chart.