…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.
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