An updated look at some sectors ‘vs. SPY’.
On the daily view we find the Financials ratio in trouble (as would be expected as bond yields decline), Energy bouncing but not on a bull signal, Healthcare back in the driver’s seat (as would be expected as bond yields decline) and Industrials and the Consumer sectors not looking good.
The weekly has Financials clinging to support, Energy a mess, Healthcare looking good as it seems to be breaking up from a flag, Industrials sideways and the Consumers not looking good.
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