Consumer Discretionary Stock Sector Relative Strength Ratio rose above 4-year highs and remains bullish. Absolute price of XLY rose above 17-month highs and remains bullish.
Technology Stock Sector Relative Strength Ratio rose above 6-week highs but remains stuck in the neutral zone with 50- below the 200-day simple moving average. Absolute price rose above 11-week highs on 3/25/10 and remains bullish.
Financial Stock Sector Relative Strength Ratio rose above 4-month highs. Still, XLF/SPY is neutral.
Materials Stock Sector Relative Strength Ratio fell below 3-week lows and turned bearish by crossing below 50-day and 200-day simple moving averages.
Energy Stock Sector Relative Strength Ratio fell further below 17-month lows and remains bearish. Absolute price of XLE fell below 4-week lows and remains below its 50-day simple moving average, suggesting a neutral price trend.
Utilities Stock Sector Relative Strength Ratio fell further below 2-year lows and remains bearish. Absolute price of XLU fell below 3-week lows, crossed back down below its 200-day simple moving average, and remains neutral.
U.S. Treasury Bond price fell sharply below 10-week lows and remains bearish.
Junk/Investment-Grade Corporate Bonds Relative Strength Ratio rose above 9-week highs and remains bullish. Absolute price of JNK also rose above 9-week highs and remains bullish.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio turned slightly bullish, as TIP/IEF rose above 50- and 200-day simple moving averages.
The U.S. dollar nearest futures contract price rose further above its 10-month trading range and remains bullish.
The CRB Index of Commodity Prices fell below 6-week lows, apparently confirming a minor correction or more extensive Secondary Reaction.
