Thursday, October 30, 2014

10/30/14 Sector Charts Update

Consumer Discretionary (XLY)

The %k (96.27) is above the %d (95.15) which is bullish but the slow stochastic is extremely overbought.

Consumer Staples (XLP)

The %k (96.15) is above the %d (95.19) which is bullish but the slow stochastic is extremely overbought.

Energy (XLE)

The %k (83.79) is above the %d (76.95) which is bullish but the slow stochastic is overbought.

Financials (XLF)

The %k (97.39) is above the %d (96.23) which is bullish but the slow stochastic is extremely overbought.

Health Care (XLV)

The %k (98.72) is below the %d (98.83) which is bearish and the slow stochastic is extremely overbought.

Industrials (XLI)

The %k (96.50) is below the %d (97.65) which is bearish and the slow stochastic is extremely overbought.

Materials (XLB)

The %k (71.69) is below the %d (73.22) which is bearish but the slow stochastic is bullish.

Technology (XLK)

The %k (97.77) is above the %d (93.44) which is bullish but the slow stochastic is extremely overbought.

Utilities (XLU)

The %k (94.54) is above the %d (93.42) which is bullish but the slow stochastic is overbought.

Gold Miners (GDX)

The %k (9.85) is below the %d (12.13) which is bearish and the slow stochastic is oversold.

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