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Sunday, January 24, 2010

Sector Analysis - 23/1/10

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







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