In this edition of StockCharts TV’s Sector Spotlight, after addressing seasonality and monthly charts in last week’s episode, I go back to talking you through the current rotations in Asset Classes and Sectors. The big picture is still for stocks going through a temporary recovery within the contours of a downtrend in the higher time-frame. Julius then addresses the rotation for the Real-Estate sector in more detail, showing the completion of a pretty clear Head & Shoulders top formation, which is likely to send Real Estate lower in coming weeks/months.
This video was originally broadcast on June 7, 2022. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube. You can also check out the video on the StockCharts TV on-demand website StockChartsTV.com, or on the associated app on mobile platforms like iOS and Android, or TV platforms like Roku, Apple TV, Amazon Fire TV and Chromecast.
Sector Spotlight airs weekly on Tuesdays at 10:30-11:00am ET. Past episodes can be found here.
#StaySafe, -Julius