In this edition of StockCharts TV's Sector Spotlight, I very briefly touch on the rotation for asset classes, then spends a bit more time on sectors. I highlight how defensive sectors are still in the driving seat, but also alerting that one sector that could come up as potentially interesting for when things start to change and market start turning around. When a 61.8% retracement level AND a major support area are lining up, we should at least pay attention to the possibility of a bottom in the making. In the second half of the show, I dive a bit deeper into the discussion of how and when to use $ONE as the benchmark for Relative Rotation Graphs, following two articles which he wrote on that matter.
This video was originally broadcast on May 17, 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
Creator, Relative Rotation Graphs
Founder, RRG Research
Host of: Sector Spotlight
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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.
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