Rising sector sentiment


  • Troy Bombardia

    Troy Bombardia

    Published: 2020-10-09 at 23:54:44 CDT

Sentiment is rising across various sectors as the broad U.S. stock market rebounds. The rally in utilities pushed XLU Optix's 10 dma to one of the highest readings ever (79):When utilities sentiment was this high in the past, XLU often retreated over the next week. But as is typically the case ...


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