“Noone’s talking about both REITS and Utilities (shown here) breaking down sharply this week. ($RSPU)
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IBD# charts from
@marketsurge detail this violation of its rising 40-week m.a. but relative charts are even worse vs. Equal-weighted SPX, hitting the lowest levels in years
I discuss this in greater detail in tonight’s report w/ a 10-min video. Hope many enjoyed today’s 1 hour market webinar. For those still not on board, go here:” -
@MarkNewtonCMT