“The Sector Rotation Just Changed. Here’s What’s Leading”
Utilities are underperforming with a clear breakdown and relative strength weakness, indicating more downside potential.
And then we have utilities, which is doing the same. So, that's also moving to an underperformer, and it's now one of the weakest sectors in this whole universe. You can see also that it started to move up, but it didn't make it into the improving quadrant.
It rolled over and curled back even with a negative heading right now.