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Sunday, July 17, 2011

Leading And Lagging Industries

These are the top  15 industries in percentage of stocks in the relative strength range this week. On the left I have highlighted 5 groups that have long, medium, and short term strength and are large wnouh to give meaningful data. These are the groups that have held up best and it looks like the big money is in no hurry to get out of these. These are the groups to watch most closely if the market rallies.

Here are the top 15 industries in 40 week average, the indicator of long term strength. I have 5 groups highlighted here that have weakened considerably lately and appear to be those groups that the big money rotated out of. One thing too watch for here is the possibility of rotation back in.

During the week I will try to take a deeper look at these 10 groups.

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