There have been some key breaks of support in the financial sector, and the risk of a breakdown is accelerating here.
Ideally, on the XLF chart, this is 3 waves down as (a) of circle a (of circle wave iii).
GS is looking similar with this clear support break, and might be in a of 3 already. WFC can be an impulse wave, and MS, too.
MS has been a short Wave Setup in StockWaves since June, and WFC was added as a short WS on 9/28.
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