The kiwi has a hell of a strong right shoulder formed here. Relative strength is leading the way.
The metals to agriculture ratio chart is at a critical level. So far the resistance T/L and right shoulder high has offered resistance thus far. Which way will this end up going?
A possible large strong bottoming pattern in Tin.
Pharma RS appears to be bear flagging after a break below the triangle. However, i'm not sure we can say this will definitely head lower.
XLP RS is turning lower after a back-test of a LT support line.
XLP RS is turning lower after a back-test of a LT support line.
Despite the turn in commodities retailing relative strength looks fantastic. Who would expect that??
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