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U.S. Benchmarks Back in Full Bullish Signal

Kristin Alonzo

26-Feb-2018 08:55 AM

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The U.S. benchmarks are back in full throttle "bullish signal".  Friday rally shifted technical in a drastic manner, pushing it into breakout territory.  IYT- Transport sector, still at turtle pace on catching up a recovery bounce, needs a lot of work in that sector.  

Major benchmarks printed its 11th full % percentile closing on Friday, and 12th count for DIA/ DowJones.  Despite Friday's huge rally, gauging on weekly performance-  its a measly gain of less than 1% --

  • SPY +.59%; DIA +.38%;  IYT +.86%;  QQQ +1.95%  technology sector continues to outperform.

DowJones dragged by Walmart performance last week.

  • S&P 500,  QQQ, SPDR Dow Jones Industrial, iShares Transportation
  • Tickers -> AAPL, FB, GOOGL, MSFT, NVDA, NFLX, BIDU, BABA, TSLA. FDX, CAT, SPY, DIA, IYT, QQQ.

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