unchanged Yom Kippur

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market remains unchanged. 65.27 % of S&P 500 stocks are above their 50 Days SMA.

Look at the chart above – QLD is in candle sticks weekly 2 years chart

IGV is software setor ETF and XLV is health care sector – QLD is up 124 % and

IGV – 76 % and XLV 30%

Nothing beats QLD

Decision : I will continue to be long on QLD and NQ

what do you know?

Notice the top 4 sectors – account for 60% of S&P 500 S&P MARCH 2009 TO CURRENT

From the above chart, A draw-down represents the peak-to-trough decline during a specific period of investment. In this case, the XLE dropped -29% in 2011 and -49% from mid-2014 to early 2016. XLE still remains -33% below previous peak levels. As oil prices have been halved, the energy sector and an investor of energy companies has been in a recession.

So look at for 4 sectors – technology, financials, healthcare, consumer discretionary

XLF – financials

XLV- health care

XLY – Consumer discretionary

dow for industrials and NDX for technology

source : delta market sentiment