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Information sector is set to underperform SPN (Energy sector)
S&P 500 Information Technology
Information sector is set to underperform SPN (Energy sector)
By Ryan1993
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Nov 19, 2023
3
Nov 19, 2023
Information/SPN comparison has printed a very large doji at the to top of its rising wedge on the three day chart whilst RSI and stochastic RSI has reached oversold. Check out my previous post to understand why this does not look good for the equites market overall.
https://www.tradingview.com/chart/SPN/fBNzE9LP-Energy-poised-to-outperform-as-sector-roatates/
Technical Indicators
Trend Analysis
Ryan1993
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