To get you ready for tomorrow's Macro-Monday trading meeting video, I've updated our sub sector analysis in Market Conditions. This is an analysis outside the Chaikin ecosystem which tracks the relative strength trend of 30 or so subsectors, commodities, currencies, and economic zones around the world. If you see a green highlight on the sector column, that means the 10 week EMA has crossed above the 40 week EMA. If you see a green highlight under "date", then price has crossed above the 21 day EMA (the short term Chaikin trend). I updated the date on the spreadsheet, despite the incorrect one you see on the screen shot below. -- Mike Money flow is hard to come by this week, though I do see a set up for IGOV, which we'll be watching closely. Strong Money flow during a intermediate term correction makes it less likely that the weekly uptrend will continue despite weakness on the daily chart.
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