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Here is my analysis of the weekly (and in the case of the materials, monthly) charts of a variety of sectors in the market. I see a largely mixed picture, which supports my working thesis of a stock picker’s market. As I indicated on my market recap on Friday, I think the bulls face a significant test of mettle headed into next week, with regards to keeping the rally alive and well. See my notes on the annotated charts below.
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While these charts are on the cusp. The commodity drivers are decisively long, long-term.
True
Very nice (as usual) and helpful (as usual). Thanks.
No prob, Yogi.
Thanks for the weekly heads up Chess.
Cheers
Appreciate the continued education you share with us! (@SunilsTrades)
😉