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A Choppy, lifeless week, though Sector rotation provided some clues

90 min left, S&P still within 1 tick of closing levels from last Tuesday.- NDX right near 6/6 close... And a challenging week to make money, with Financials and tech both down 1%, and Materials and Industrials even worse -2-3%.  while the Defensive groups have led all week- Utilities, Real estate, Staples- Todays snapback in Energy, helping this group to finish 3rd in the last 5 days.. But tough to see much rally with Financials and Tech both down.. And Retail also showing some weakness after XRT finding strong resistance near 2015 highs-   Overall, trend still arguably lower from mid-June and many patterns seem to require a final pullback under this weeks lows to complete exhaustion counts-  With no sector standing up to take the lead, the market remains muddled.. Breadth about 2/1 positive, but still a very choppy few days and not a lot of conviction that todays bounce is anything more than energy related and a relief rally in Materials with the Dollar beginning to pullback for its 2nd straight day now.   Heading into next week.  The stabilization in the last few days will make any pullback buyable into Tues/Wed.. And Still insufficient weakness in Tech to think the market is rolling over.. While Financials and Industrials look close to support and turning back higher into July

 Aussie Dollar gave some evidence of bottoming out, as DXY rolling over continued Friday

Aussie Dollar gave some evidence of bottoming out, as DXY rolling over continued Friday