Sector Spotlight: End of Downtrend ≠ New Uptrend
In this week’s edition of StockCharts TV’s Sector Spotlight, I take a look at recent rotations in asset classes and sectors. The recent strength for stocks over bonds at asset class level is clear, but the rotational picture for the weekly and daily time frames is not aligning (yet). I’m currently watching how SPY will respond to renewed strength in the USD while approaching new resistance levels. In the second half of the show, I go deeper into the use of the new intraday time frames that were introduced on StockCharts.com and how they can/should be used.
This video was originally broadcast on August 16, 2022. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube. You can also check out the video on the StockCharts TV on-demand website StockChartsTV.com, or on the associated app on mobile platforms like iOS and Android, or TV platforms like Roku, Apple TV, Amazon Fire TV and Chromecast.
Sector Spotlight airs weekly on Tuesdays at 10:30-11:00am ET. Past episodes can be found here.