Defensive sectors taking up all the space (XLF, XLE, XLI, UTSL)

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SPDR Select Sector Fund - Financial (AMEX:XLF)

AMEX:XLF SPDR Select Sector Fund - Financial

Trend Analysis Technical Indicators Chart Patterns defensive indextrading

trendanalysis indicator chartpattern defensive indextrading

These defensive sectors are soaking up a lot of excess market weight from the bounce, and it's indicating healthy rotation is taking place.

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