The energy, health care, consumer discretionary, industrial, and S&P500 sector ETFs were able to reclaim their 20-day moving averages last week, though the later two just barely. Health care, industrials, and technology moved above the 50-day. Even with Friday’s ugly close it was a week of repairing August’s technical damage. That said, we still don’t think market is out of woods just yet.
(click here if charts are not observable)
Global Macro Monitor 