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Strategies & Market Trends : stocks for medium & long-term hold durations

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ajtj99
To: rimshot who wrote (398)1/23/2023 4:14:17 PM
From: rimshot1 Recommendation  Read Replies (1) of 426
 
* strong positive improvement in Relative Strength today vs. SPY - for only 1 of 11 S&P 500 sectors -
XLK ... this single sector kept the S&P 500 & S&P 100 rally alive & heading up until approx. 1:54 pm Eastern time

* not counting XLP & XLU -- 3 of 11 S&P sectors strongly under performed SPY on this single day Monday

* 5 of 11 S&P 500 sectors were virtually neutral because of the small size
of their one-day Percentage change in Relative Strength vs. the SPY price action

a new multi-year low was printed January 10 for the $OEX vs. $SPX ratio
( .443400 = newest multi-year low )

stockcharts.com

stockcharts.com

* Monday January 23 eod update
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