|Simple Trading Ideas||
There are 9 daily charts below showing the 9 sectors of the S&P 500 during the past 2 months. Below each chart the 25-period Aroon trend indicator is shown. For the Consumer Staples, Energy and Utilities sectors Aroon Up is above Aroon Down and it is over 95. For the other 6 sectors Aroon Up is below Aroon Down and less than 50. The charts below clearly show the strength of the defensive sectors and the weakness of the offensive sectors such as Cyclicals, Financials and Technology.