Is This Real Rotation Into Laggards?
Check out Industrials. In this case, we saw lower lows relative, but again, that bullish momentum divergence showing up:
There's something funky going on here. It's what's necessary for a sustainable bull market, in my opinion, and not the isolated leadership we've seen so far. These are, in my opinoon, 2 of the 3 most important sectors in America, with Technology being the other.
What are you thoughts? I'd love to hear them.
JC
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