Sure XLRE, XLU got a boost, but look at where XLF, KRE were able to reach Friday and this IWM underperformance makes sense, because - yields.
S&P 500 ran on the below-expectations core PCE excuse, yet stopped at my final 6,050 resistance – the squeeze I did expect before the opening bell, its magnitude was though great, reaching around half of Wednesday‘s FOMC 4hr red candle.
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