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Thursday, January 21, 2010

Sector Analysis - 21/01/10

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.

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




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