Friday, April 29, 2016

Sector Analysis

Analysis showing which S&P sector ETFs are performing and which are not.


Symbol Name Short
to medium term price analysis
xly Cyclical Showing upward strength. Looks O.K
xlk Technology Price action getting
ready for a short term bottom.
xli Industrial Showing upward strength. Looks O.K
xlb Material Showing upward strength. Looks O.K
xle Energy Upward momentum strong.
Maybe temporarily extended.
xlp Consumer Staples Price action bad. Loosing
upward momentum.
xlv Health Upward momentum strong. Setting up
for a short term bottom.
xlu Utilities Price action bad. Loosing
upward momentum.
xlf Financial Upward momentum strong.
Setting up for a short term bottom.

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