Tuesday 29 March 2016

Sector rotation at play

Sector rotation is as old as the hills. Simply, the strong suffer, the weak recover.
image1


Below we can see this distribution in the market leader IBB, and offset this with the accumulation in long forgotten GDX.

Richard Wyckoff logic allows the chartist to identify trend changing patterns. Both charts below require more time, but yes we have seen a very significant 'Change of Behavior' in each.

This simply means change is afoot, and pay attention!

IBB



GDX



Original Post: http://ift.tt/1V31FSb

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