Strong industry sectors today were two defensive sectors.
- Utilities +1.4%
- Telecommunications +1.1%
Breadth was mildly positive. Advance/Decline Ratio: 1.16
Advancing Volume/Declining Volume Ratio: 1.035
Among the 50 Leaders, stocks making new 20 Day Highs/Lows: 7/0
This is a strong reading - but should be treated with caution as most of those new highs were intra-day, then fell back. So it could indicate a weakening rather than a strengthening trend.
That's all for now. I'll post a chart about Gold later on. The GOLD ETF is starting to look interesting - but too early to be sure.
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