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Tuesday, February 9, 2010

Sector Analysis - 09/02/10

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




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