An update of various sectors ‘.vs SPY’ by daily and weekly views…
On the daily view Financials hold the break above the moving averages, Energy is in Palookaville, Healthcare continues to look good (we’ve been noting its relative constructiveness for many weeks in NFTRH), ditto for Industrials, and the Consumer items are sideways.
On the weekly view Financials have held support during the declining interest rate backdrop (bond bounce), Energy = Palookaville (but we took an interesting look at the sector in NFTRH 452), Healthcare is finally making a move on the EMA 50, Industrials are a-okay and the Consumers are neutral and neutral/bearish, respectively.
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