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Fibonacci Stock News

Sector Spotlight: Dominant Trend for Stocks Still UP

On this episode of StockCharts TV’s Sector Spotlight, I separate the 11 sectors in the S&P 500 into Offensive, Defensive, and Sensitive, assessing their group rotational patterns to see if there is any alignment with the current technical condition of the S&P 500. After that, I use my RRG-Breadth approach to get a handle on the dominant price trends per sector and their expected effect on the S&P 500.

This video was originally broadcast on February 20, 2024. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page.

Past episodes of Sector Spotlight can be found here.

#StaySafe, -Julius

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