It’s time once again for vs. SPY, our occasional look at sector trends in relation to the broad US market. NFTRH subscribers got a look at the weekly (longer-term) trends in NFTRH 538 and so as not to be redundant for them we’ll go with the dailies here. A reminder not to view these like you’d view stand-alone TA. It’s the relative trends that are important.
The 50 day moving average smooths out the jumpy daily charts. Gauge whether it is moving up, down or with a potential to change.
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