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Consumer Discretionary Stocks Show Biggest SCTR Gains

Arthur Hill

Arthur Hill

Chief Technical Strategist, TrendInvestorPro.com

The Consumer Discretionary SPDR (XLY) is getting a boost on Friday from several big moves within the sector. As the StockCharts Technical Rank (SCTR) table shows, the top four SCTR gains come from the consumer discretionary sector. You can read more about SCTR in our ChartSchool article.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More