Transport Sector Lagging on the Market Bounce
The U.S. benchmark daily moving average is slowly normalizing, from the extreme spread of overbought to extreme oversold. 50day average spreads at 2%, Transport sector is still lagging at 4% spread.
- Apple (AAPL) Amazon (AMZN) Netflix (NFLX) Alphabet (GOOGL)
- SPY, QQQ, DIA, XLF, XRT, XLE, IYT, IWM, IBB, SMH
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