S&P 500 Sector Snapshot: Energy Currently Only Overbought Sector
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Hickey and Walters (Bespoke) submit: With the S&P 500 rebounding back from last week's lows, we revisited the trading ranges of each of the ten S&P 500 sectors.
Currently, only the energy sector is overbought, while industrials, materials and technology are trading near the upper end of their ranges. On the oversold side, at the moment there are no oversold sectors, although the utilities sector remains at the lower end of its range.
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