Category

Stocks

Category

Summary The Relative Rotation Graph for US Sectors for this week mainly shows a continuation of the rotations as they were underway last week. XLB : Moving from lagging into improving at a strong RRG-Heading, underscoring the building up of relative strength for this sector. XLC : Stable inside the leading quadrant on a short tail. XLE : Adding a long new segment to the tail, pushing it further into the improving quadrant at the highest JdK RS-Momentum reading in the universe. XLF : Inside the weakening quadrant but at a very short tail, indicating a stable relative uptrend that is going through a pause. XLI : Pushing into the leading quadrant now at a strong RRG-Heading while moving away from the center (benchmark) of the chart. This suggests an improvement in relative strength. XLK : This week, the tail is accelerating at a negative RRG, heading toward the lagging…