Going into Friday's trading day, financials and energy are below thier trading envelope. Health care, staples, discretionary, utilites and telecom sectors are "overbought" (above thier trading envelope). Staples and health care are within 2% of the most "overbought" level in the past twelve months; while utilites are at thier most "overbought" level.
For a very detailed explanation of our sector timing model please click here.
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