March 15, 2017 6:11pm
A sector that is hot one day having been cold the previous as yesterday’s downside is today’s upside
Seems to always be a tandem relationship depending on the time frame
I believe the sector also telegraphs its moves with positive/negative closes and advance/decline lines as relative strength determines the oversold versus the overbought which gets debauched by momentum …
Pre-open indications: 3 hit and 5 miss as strength was old into for safety purposes
Early news flow: 2 hits and no miss
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