My stair out of technical forcefulness quantifies the trending direct of 5 highly weighted stocks for each of viii S&P 500 Index ($SPX) sectors. The technical forcefulness stair out varies from +500 (very potent uptrend) to -500 (very potent downtrend), amongst readings nearly naught indicating a lack of trend.
Here are how the sector readings are looking for the viii sectors:
MATERIALS: -460
INDUSTRIALS: -500
CONSUMER DISCRETIONARY: -440
CONSUMER STAPLES: -420
ENERGY: -80
HEALTH CARE: -160
FINANCIAL: -460
TECHNOLOGY: -400
This is 1 of the weakest laid upward of technical forcefulness readings I've encountered; it's typical of markets inwards which all stocks together with sectors--the expert amongst the bad--are existence punished. I volition locomote publishing a review of marketplace indicators hither on the weblog tomorrow; I'm likewise starting to run past times on rail of stocks together with themes *not* making novel lows hither amongst the wide market.
.
No comments:
Post a Comment