Students of Fibonacci analysis know that it is typically the violation of the 61.8% resistance or support level that confirms a rally is over.
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Chart Analysis: The weekly chart of Diversified REITs broke through weekly resistance, line a, in early 2013 and looks strong.
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Chart Analysis: The weekly chart of the Select Sector SPDR Financial ( XLF) shows the strong close above the resistance at line a, to start off the New Year.
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