Stocks

Sector Spotlight: 6/11 Sectors in Downtrend on Monthly Chart

In this week’s edition of StockCharts TV’s Sector Spotlight, for the first Tuesday of September, I dive into the monthly chart, which was completed last Thursday. We kick off with a view of sector rotation using the newly added monthly time frame on Relative Rotation Graphs; we can see all three defensive sectors are crossing over into the leading quadrant. After that, we walk through all 11 sectors, as well as the S&P 500, and wrap it up with an updated table showing all trends, support and resistance levels, as well as upside potential and downside risk.

This video was originally broadcast on September 6, 2022. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube. You can also check out the video on the StockCharts TV on-demand website StockChartsTV.com, or on the associated app on mobile platforms like iOS and Android, or TV platforms like Roku, Apple TV, Amazon Fire TV and Chromecast.

Sector Spotlight airs weekly on Tuesdays at 10:30-11:00am ET. Past episodes can be found here.

#StaySafe, -Julius