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Wednesday, January 20, 2010

Sector Analysis - 20/01/10

Here are some of the explanation for the different terms used:
RS Weakening - RS moving down/ pointing down near resistance.
RS Strengthening - RS moving up/ pointing up near support.
RS Present - RS Brokeout of downtrend resistance but consolidating/moving down towards support.

RS Breaking uptrend support.
RS Breaking downtrend resistance.

Do help me out if you feel the definition is incorrect.

XLY - RS weakening
XLK - RS Present . 3rd Coldest sector in past 10 days.
XLB - RS strengthening. Coldest sector in past 10 days.
XLI - RS Present . 2nd Hottest sector for past 10 days.
XLF - RS Present
XLE - RS Present . 2nd Coldest sector in past 10 days.
XLP - RS Present .
XLV - RS strengthening. Hottest sector for past 10 days.
XLU - RS strengthening 3rd Hottest sector for past 10 days.
IYT - RS Present









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