Look For The New RPBO Relative Sector Performance Indicator Coming June 14th!

  

Industrials managed a small gain today, but the rest of the market continues to be very bearish. Heavy selling during the last 30 minutes of trading left the major indicies down for the day, with the DJI-30 closing below the 10,000 level. 

 

 
Sector
Performance
Analysis
Financials -0.6%
Analyze
Energy -0.3%
Analyze
Materials -0.8%
Analyze
Industrials +0.3%
Analyze
Telecom -1.2%
Analyze
Utilities -0.2%
Analyze
Consumer Discretionary -0.3%
Analyze
Consumer Staples -0.9%
Analyze
Technology -1.1%
Analyze
Health Care -0.6%
Analyze
Gold +.66%
Analyze
Oil -1.14%
Analyze

 

 

The above table lists primary sectors, with gold and oil markets mixed in, to help give you an overall picture of market strength. Click on the analyze button to have see our proprietary trend analysis, and technical analysis score. See the example below:

 


 

NYMEX_GC.N10.E
Open   High   Low   GC.N10.E Price   Change
1191.5   1196.1   1189.2   1192.3   -2.4
Streaming Chart SmartScan Download Data  
Weak Downtrend
GOLD Jul 2010 (E) (NYMEX:GC.N10.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

 

Based on a pre-defined weighted trend formula for chart analysis, GC.N10.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

 

     
+10 Last Hour Close Above 5 Hour Moving Average
-15 New 3 Day Low on Friday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, Week Ending May 15th
-30 No 3 Month High/Low
-65

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