Friday, October 31, 2014

10/31/14 Sector Charts Update

Consumer Discretionary (XLY)

The %k (94.88) is below the %d (95.37) which is bearish and the slow stochastic is overbought.

Consumer Staples (XLP)

The %k (95.04) is below the %d (95.37) which is bearish and the slow stochastic is extremely overbought.

Energy (XLE)

The %k (89.29) is above the %d (83.04) which is bullish but the slow stochastic is overbought.

Financials (XLF)

The %k (97.14) is above the %d (97.10) which is bullish but the slow stochastic is extremely overbought.

Health Care (XLV)

The %k (96.19) is below the %d (97.80) which is bearish and the slow stochastic is extremely overbought.

Industrials (XLI)

The %k (95.19) is below the %d (96.32) which is bearish and the slow stochastic is extremely overbought.

Materials (XLB)

The %k (76.36) is above the %d (72.68) which is bullish and the slow stochastic is bullish.

Technology (XLK)

The %k (97.89) is above the %d (96.35) which is bullish but the slow stochastic is extremely overbought.

Utilities (XLU)

The %k (93.34) is above the %d (93.02) which is bullish but the slow stochastic is overbought.

Gold Miners (GDX)

The %k (3.46) is below the %d (7.92) which is bearish and the slow stochastic is extremely oversold.