Friday, May 27, 2016 2:22:51 PM
SECTORS BY ART HILL
Sectors Reflect Broad Market Strength
The sector breadth and trend indicators support the broad market uptrend.
Note that I use this table to breakdown the market and further my weight-of-the-evidence approach for the broader market trend, which is THE most important consideration.
There are only two spots of weakness and they can be found in the consumer discretionary.
Note that this table is sorted by the average of the Stochastic Oscillator for the SPDR and the equal-weight ETF.
I added this sort to better reflect overall chart strength and recent chart weakness in the utilities and consumer discretionary sectors.
The utilities ETFs are off their highs, but still in uptrends and the sector is still net bullish
Sectors Reflect Broad Market Strength
The sector breadth and trend indicators support the broad market uptrend.
Note that I use this table to breakdown the market and further my weight-of-the-evidence approach for the broader market trend, which is THE most important consideration.
There are only two spots of weakness and they can be found in the consumer discretionary.
Note that this table is sorted by the average of the Stochastic Oscillator for the SPDR and the equal-weight ETF.
I added this sort to better reflect overall chart strength and recent chart weakness in the utilities and consumer discretionary sectors.
The utilities ETFs are off their highs, but still in uptrends and the sector is still net bullish
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