Another weekly chart from the Market Internals segment of NFTRH. This time updating what’s doing what on a relative basis to SPY with regard to US sectors.
On a ‘vs. SPY’ basis, Financials look pretty good in consolidating down to support, Energy is brutal, Healthcare is not actionable (though I am long XLV), the Consumer stuff is marginal and Industrials vs. SPY is one of the sweetest charts I’ve seen.
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