When a relatively ‘defensive’ sector is doing this…

…it’s a market in trouble. This is a disgusting daily chart of the Healthcare sector ETF, XLV.

Especially when you consider that the ratio of said defensive sector is firmly in a rising trend vs. the broad market as we’ve been tracking for months now in NFTRH. By the way, the rise is not (yet) impulsive. Historically, the impulsivity of this ratio has indicated whether or not the market will go on to simply have a severe correction or a major bear market. Right now it’s only Thing 1.

For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a link on the right sidebar (if using a mobile device you may need to scroll down) or see all options and more info. Keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter@NFTRHgt.

Testimonials