For the equity sector investment. the relative strength (NYSE:RS) of individual sector ETF again S&P 500 shows the following trend:
- 200 Moving Average lines trend up: technology, consumer discretionary, industrial and material
- trend down: health
- side-walk : energy start to trend up recently after the trending down. Consumer staples, financial is still trending down.
- Industrial/material/technology/energy/technology are still above 200MA
Long sector: Industrial and materials are still up the MV and the MV is trending up
Cautious: technology and consumer discretionary. Both sectors were stars in 2010, and the market is expecting a correction or a move out of these sectors.