OakMarketTrends

XLI: Industrials are outperforming

Long
XLI/SPY  
XLI/SPY  
2
So far XLI is doing well (cf: my previous Idea). The recent decline in the dollar helps the Industrials and their exportations. The ratio XLI/SPY is rising. The strength of Industrials is likely to continue on a short term basis.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.