Trader. Retail and institutional consultant on technical analysis (charts). Author of The Layman's Guide To Trading Stocks. See my website for full bio.
Want to be a successful trader? "Subordinate thy will."
https://t.co/w0epwsMEdj
"The deepest secret for the trader is to subordinate his will to the will of the market. The market is the truth in that it reflects accurately all the forces that bear upon it. As long as he recognizes this, he is safe. When he ignores it, he is lost."
Roy Longstreet
Things that make you go hmmmm....
It's interesting (or scary!) that, aside from technology (XLK + 38), there is NO meaningful Upside Landry Light (lows > 30EMA, in this case) in the 11 S&P sectors. I had to triple-check to make sure that this was correct!
Those with a good eye might notice XLV with +4, but it's just a gnat's eyelash (or other body part!) away from tagging the 30-EMA. So, it's possible (as of today) that XLK could be the only sector with Upside Landry Light.