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 Present
XLK - RS Present
XLB - RS Present
XLI - RS Present
XLF - RS Brokeout!!
XLE - RS Breaking downtrend resistance
XLV - RS weakening
XLU - RS weakening
XLP - RS Present.
IYT - RS Brokeout!!
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