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 weakening.
XLB - RS weakening.
XLI - RS Present .
XLF - RS strengthening
XLE - RS broke downtrend resistance.
XLV - RS broke uptrend support.
XLU - RS weakening
XLP - RS strengthening.
IYT - RS Present
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