SPX REMAINS IN CONSOLIDATION / SECTOR ANALYSIS

December 3rd, 2009 | Categories: Market Minds, Weekly TA

Market remains in consolidation, however current 3pm futures shows an immediate break from the consolidation, so keep an eye on it in the morning. The sectors are very interesting at the moment. Looking at the SPRD Select Sector ETFs, I came up with the following: XLV - Bullish (breakout) XLB - Bullish/Neutral XLK - Bullish XLP - Bullish XLI - Neutral XLU - Bullish (breakout) XLY - Bullish XLF - Neutral XLE - Neutral

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SPX REMAINS IN CONSOLIDATION / SECTOR ANALYSIS

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