RRG Charts

Sector Spotlight: Old Support Returns as Resistance

 | 

In this edition of StockCharts TV's Sector Spotlight, I go over last week's rotations in Asset Classes and Sectors and put these into a weekly perspective. In the Asset Class section, I zoom in on Stocks, Bonds and Commodities. In sectors, I look at rotations for XLC, XLE, XLF, XLK, XLY and XLP. In the Sector Special segment, we are looking at the Consumer Staples Sector and drill down into the industries that make up this sector. For SPY and a few major sectors, old support levels are now coming back as resistance, keeping the market under pressure.

This video was originally broadcast on February 15, 2022. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube. You can also check out the video on the StockCharts TV on-demand website StockChartsTV.com, or on the associated app on mobile platforms like iOS and Android, or TV platforms like Roku, Apple TV, Amazon Fire TV and Chromecast.

Sector Spotlight airs weekly on Tuesdays at 10:30-11:00am ET. Past episodes can be found here.

#StaySafe, -Julius

Julius de Kempenaer
Senior Technical Analyst, StockCharts.com
CreatorRelative Rotation Graphs
FounderRRG Research
Host ofSector Spotlight

Please find my handles for social media channels under the Bio below.

Feedback, comments or questions are welcome at Juliusdk@stockcharts.com. I cannot promise to respond to each and every message, but I will certainly read them and, where reasonably possible, use the feedback and comments or answer questions.

To discuss RRG with me on S.C.A.N., tag me using the handle Julius_RRG.

RRG, Relative Rotation Graphs, JdK RS-Ratio, and JdK RS-Momentum are registered trademarks of RRG Research.

Julius de Kempenaer
About the author: is the creator of Relative Rotation Graphs™. This unique method to visualize relative strength within a universe of securities was first launched on Bloomberg professional services terminals in January of 2011 and was released on StockCharts.com in July of 2014. After graduating from the Dutch Royal Military Academy, Julius served in the Dutch Air Force in multiple officer ranks. He retired from the military as a captain in 1990 to enter the financial industry as a portfolio manager for Equity & Law (now part of AXA Investment Managers). Learn More
Subscribe to RRG Charts to be notified whenever a new post is added to this blog!
comments powered by Disqus