Week 9 SPX Sectors Trending and Performance
Trending Heat Map - this week
Trending Heat Map - prior week
Week-over-Week Performance
Performance over various periods
Observations and Conclusions:
All sectors (except XLP) improved their trending. However, no one is trending short-term bullish per my model. So, I am not getting too excited.
Technology XLK and Communications XLC have strong returns so far for the year.
All sectors had losses for February while 8 out of 11 had positive gains for January. For the year 8 out of 11 sectors are showing gains as of now.