The Energy Sector has demonstrated a surge in technical strength to lead the market higher this week, and at the same time it has surged in the SectorCast rankings.

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This week brings a clean slate among stock traders as the holidays and end-of-year positioning has come to an end. The market continues to show signs that it wants to pull back a bit to work off its overbought condition and allow technical indicators like RSI and MACD to cycle back down in their normal swings. But the cash just keeps flowing in.

smartindale / Tag: AMT, ARW, CCI, ETF, FRX, IDU, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, JBL, linkedin, long/short, MON, NUE, sector, sector-rotation, SKH, stock-trading, trading-strategies / 0 Comments