|Ticker||Relative Strength Index (14)|
Here are the sectors ranked by RSI.There was not a lot of change this week. We have no sectors over 70, so by this indication we are nowhere near overbought.
The market could have sold off today and we would sstill be in bullish shape, but as it was, the early sell off was bought up, and by mid day we were back to positive. That is one of the marks of a market in a confirmed rally, So I will be trading accordingly.
I will have the new highs update shortly.