Major Sectors that may influence US Markets this week!Health Care
Following an extended consolidation phase from December 2021 to August 2024, the healthcare index has developed an Inverted Head & Shoulder pattern.
With a recent breakout, the index is now set to experience significant upward momentum.
Industrials
Similar to the healthcare index, the industrials sector has also established an Inverted Head & Shoulder pattern. Following its breakout, this index has shown positive movement.
With a recent breakout from a brief consolidation phase, the index is ready to climb once more.
Financials
The financial sector plays a vital role in the US stock market. Recently, the financial index experienced a robust breakout after a lengthy consolidation phase, indicating that this sector could enhance the overall US market.
Real Estate
The real estate sector has faced challenges for a considerable time, with the index suffering a significant downturn. However, following a recent breakthrough, the index is making progress toward recovery.