Mkt trend WW16

I was wrong again, hopefully mkt retrace this week, coz is a 8th candle reversal from weekly chart point of view, but the Greed and good earnings and economy keep pushing market higher and higher.. despite negative news from Greece, natural disaster..

Energy seems to be rise strongly 2 weeks ago till date, discretionary and industrial been up since march. existing and new home sales data turn green, home builder may get ready to overtake the rest.


Source from selectspdr.com



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