First Pullback or Rally Killer?

Click charts to ENLARGE.

Dedicated to the Hanky-Panky-Bernanke axis.
It wasn't pretty. Actually, it was way worse than that. The financials rally fell on its head as the manipulation situation ran out of gas.The SP500 crashed under the short-term trendline Friday is pretty much put up or shut up time for the New Believers.
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It wasn't because of the dollar, which eked out some gains.
___________________________________________________________Oil Service Holders ETF (OIH)...has pulled back and went to the 1.27 extension, after the trendline break. Obviously, in retrospect the 214 mark was a great time to get out or go short. But the way I see it now, it's following a lit fuse.
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The Bank Index took it on the chin today, not so easy in the short-free zone.
______________________________________________________The volume leaders from the CHOSEN ONES.
_________________________________________________________SPDR Healthcare (XLV). Here's where we are...in the best of all possible worlds I'm looking for a pullback with the first target at the arrow head and if it can break through over time, the tall arrow down is the next target.
__________________________________________________________One month price percent change leaders (relative strength) from the CHOSEN ONES.
+++++++++++++++++++++++++++++++++++++++++++++++++++++Here's the one month GICS scoreboard. Energy the laggard, healthcare the leader.
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Good trading and great risk management to all.

Educational use only. Never intended as investment advice.