Ok, from the previous post we know that the financial sector is doing pretty good in the past six month. The performance chart below shows that big banks from the financial sector are doing even better.
The chart below shows the daily chart for the utilities ETF, XLU. XLU started correction earlier in May. Notice the increased selling pressure the past couple of trading days. The Aroon indicator shows that the ETF is trending down. The utilities sector is the worst performing sector in the past month.