Monday, March 22, 2010

S&P 500 Sectors Update, Including XLI Industrials

Matrix Markets has updated the S&P 500 Sectors, as represented by the 9 Select SPDRS. XLI, the related Insdustrisl sector, is noted as:

XLI Industrials

Above 25d, 50d, 100d, 200d sma's
RSI 25d = 83.64 is very oversold
MACD (12,26,9) is bullish since February 16
Just below 2010 YTD highs

Seeking Alpha