S&P Sector rotation
Put together information on what is happening in major S&P sectors
Majority of sectors are strong on the daily chart. There are some short-term problems on lower timeframe but they can be overcome.
This is good for buyers as it shows that money is not leaving the market but moving from one sector to another. A lot will depend on tech bulls. XLK must clear 212 resistance to help market move higher.
You can find my market overview here
XLK 
XLV 
XLF 
XLY 
XLC 
XLI 
XLP 
XLE
Majority of sectors are strong on the daily chart. There are some short-term problems on lower timeframe but they can be overcome.
This is good for buyers as it shows that money is not leaving the market but moving from one sector to another. A lot will depend on tech bulls. XLK must clear 212 resistance to help market move higher.
You can find my market overview here
XLK XLV XLF XLY XLC XLI XLP XLE 
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