• Font Size:
  • Print

Shown below are the S&P 500, DJIA and the ten economic sectors making up the S&P 500.  Both the S&P and the Dow encountered strong resistance at their 200-day moving averages and quickly retreated below their respective 50-day averages.  The Dow remains oversold while the S&P has traded up into the bottom of its range.  Technology and materials have tried to re-establish an uptrend, but the only consistent winner is energy (red 200-day trending up). 

click to enlarge




TickerSense

About this author:
Become a Contributor Submit an Article

ETFs In Focus

  • Long Ideas

  • Short Ideas

  • Cramer's Picks