“Bonds Are the Real Risk Right Now, Not Stocks | RRG Outlook”
$XLCBullish
XLC is moving from negative to mildly positive improving; strong momentum makes it worth watching.
Now, then we have XLC. Here you see a difference. It's accelerating, starting better. And despite the fact that it has a very low RS ratio reading, this sector is now improving because it's got the one, two, three, third, fourth strength in momentum.
And that relatively high momentum reading makes it an interesting sector to keep an eye on. So moving that to mildly positive improving.