Healthcare big pullback here XLV a lot of this having to do with some of these bigger pharmaceutical names that have had big runs and are pulling back, but we are still in a confirmed uptrend with the healthcare sector as well.
And then we come to stocks to stock sectors. And my oh my, for the first time since a long period, XLK is not the only sector on the right hand side. Has been joined by health care and financials, XLV and XLF.
And then we have health care. That's another sector that rapidly improved. So, we put that on a positive outlook right now. It's crossed over into the leading quadrant. S- mildly positive heading, but it's high momentum.
So, if you look at XLV and XLF, those sectors have the highest relative momentum in the universe. So, that's a good thing.