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SPDR Sector Relative Strength Pattern Pre USA Downgrade Repeats

By: readtheticker | Thursday, March 21, 2013

The 2012 stock market just before the USA was downgraded by credit agencies showed the same relative strength pattern as the market is today. Defensive sectors are leading. Of course we remember the 20% plunge in the SP500 that followed.

History may not repeat exactly, but is sure may rhyme.

The current SPDR Sector relative strength pattern is below. The defensive sectors like Health (XLV), Staples (XLP) and Utilities (XLU) are leading the current rally for the last 22 days.

Chart Points: When symbols are to the right they lead the relative strength, when symbols are high they have the better trends.

Alert - Risk is elevated. Who says so? The long only funds say so!

Members of can construct studies like this at ease.

current SPDR Sector relative strength pattern
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Author: readtheticker


We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors.

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