XHB(Home Builders)
XRT(Retail)
Obviously Retail looks the strongest... of these charts. Notice these are the most Beaten down sectorsBioTech(XBI)
SMH-Semi Conductors
Oil and Gas Exploration XOP
Energy(XLE)
Materials(xlb)
That Blue line is the VWAP, the higher it is above the stronger it was on the day.
1:00
Consumer Discretionary xly
xlk- Tech
xli-(Industrials)
I also am showing the 10 minute charts, in the above charts to show the MACD divergence.
2:00pm
XLP -consumer staples
If you notice, the xlp played with it's Vwap all day... and did bottom more at 10 than at 2pm.. overall it was a flight to safety. One of the best sectors today
Health Care XLV
and finally the XLF.
The real dogs on the day continue to be Materials and Energy, I was looking through. some message boards... it's a classic every idiot rushed into materials and oil. and now it's all ready to start legging down. Never Chase a Trade.......
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