Diamond Member Pelican Press 0 Posted February 24, 2025 Diamond Member Share Posted February 24, 2025 This is the hidden content, please Sign In or Sign Up Inside Sectors of the Economy Flash Warning November 2023 was when Granny Retail cleared the 50-week moving average. February 2025, we are witnessing XRT breakdown below the 50-WMA. The good news is that We like to look at a confirmation of a major weekly phase change after 2 weeks. Granny is the only sector below the 50-WMA. Important yes, as I have been hammering home, we need the consumer to stay in the game. But is this the end of the bull market? Too soon to say. This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> Eyes must be on Granddad () as well. While IWM is holding the 50-WMA, bulls want to see that continue. As for the rest of the Family, Transportation ranks 3rd as the important “inside” sector of the Economy and Family. Freight got hit on Friday, but the ETF has not failed the weekly moving averages. Regional Banks and Semiconductors weakened but look relatively better. Biotechnology has yet to clear 140 yet continues to look promising as a sector. What is also noteworthy is . And the long bonds . This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> The gold weekly chart looks like solid gold. (Incidentally, the purple arrows below the 200-WMA (green) signify contract month changes). The momentum is also strong. Flight to safety, yes. Inflation fears, yes. And the flash warning by the Family (particularly the consumer) is not complete without looking at the long bonds TLT. EVERYONE is convinced that the Fed will stay pat on rates. Not me. I have written about my prediction for a March pivot in the This is the hidden content, please Sign In or Sign Up 2025. What does the price of bonds tell us right now? This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> Zooming out to the weekly chart of TLT, we see a double bottom in play from the lows in October 2023 and January 2025. In fact, one could say that the move up above the 50-WMA in XRT November 2023 and the move down in yields in October 2023 are connected. The difference is of course, Trump 2.0. Regardless, TLT has more to prove. But keep the 50-WMA in your purview. Should the Fed start to talk more dovish, then the move in XRT could reverse as well (hence the 2-week confirmation). Of course, the other side effect of lower yields is a tick up in inflation. Are we looking at inflation or stagflation? I leave you with the 3rd in my trifecta of inflation-. (After a cheaper and outperforming gold). This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> We are still looking at $.20 cents a pound as the launch pad. ETF Summary (Pivotal means short-term bullish above that level and bearish below) (SPY) Reversal right down to critical support 599 Russell 2000 (IWM) 215 is the 200-WMA that must hold Dow (DIA) 432 support must hold Nasdaq (QQQ) 534 the 50-DMA Regional banks (KRE) 60 area support Semiconductors (SMH) 245 support 260 resistance Transportation (IYT) 69-70 support Biotechnology (IBB) 140 resistance Retail (XRT) gave us the whole year gains on Friday-74 weekly chart support iShares 20+ Treasury Bonds (TLT) Above the 50-DMA and needs to clear 90 to get interesting This is the hidden content, please Sign In or Sign Up #Sectors #Economy #Flash #Warning This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/226023-inside-sectors-of-the-economy-flash-warning/ Share on other sites More sharing options...
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