Yesterday we took a look at global markets ‘vs. SPY’ (SPX) and today we take a look at some US sectors vs. SPY. If you’re going to be a bull (and I am as long as warranted), then these charts – regularly updated in NFTRH’s Market Internals segment – are a good guide.
By this daily chart on a relative basis, Financials and Energy stink, Healthcare is neutral (but XLV’s nominal chart is nicely bullish), Industrials and the Consumers look constructive.
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