With Equities recovering this week, Alex and Tyler look at what they would like to see happen from a momentum perspective to have faith in the “Go” trend. Even with the “Go” in place, it is the defensive, not the offensive players, that are on the field as sectors such as materials and utilities continue to outperform those such as technology on a relative basis as seen on the GoNoGo Sector RelMap. That being the case, Alex walks through specific GoNoGo Charts of technology, Netflix, materials, U.S. Steel, utilities and NRG.
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