Don't Ignore This Chart!

Market Summary Carpet reflects recent rotations

The Market Summary can be viewed as a web page or as a Market Carpet. The snapshot below shows the Market Summary Carpet over the last 22 days (one month). There are a few green spots and lots of red. US Treasuries, the Dollar, Gold and Miners are the only gainers in the past month. Consumer staples, utilities and REITs held up the best among the losers. 

100518carpetClick this image for details
Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at 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
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus