Further to my last weekly market update, this week's update will look at the six Major Indices and nine Major Sectors in a very simplistic Year-to-Date line format, as shown on the two chartgrids below.
I like to look at this type of format when I get confusing signals from short-term, day-to-day choppy, whippy, and volatile price action in tight ranges. My conclusions will be based on the daily closes, rather than on candle highs, lows, and closes.
