Stock Market Recent Sector Triggers Suggest Stocks May Enter Rally Phase :: The Market Oracle ::
Recently, our Best Asset Now (BAN) Hotlist generated a new trigger on the SPY chart. Typically, this type of trigger suggests the SPY is starting a new, potentially explosive, upside price rally. But what really interests us is the potential that the strongest sectoral ETFs may continue to see a much stronger upside price rally as a result of this new trigger. Recent BAN SPY Trend Trigger The strength of the BAN Hotlist is not the general market triggers it gives, such as the SPY, Dow Jones, or NASDAQ, but instead the ability to align these major market triggers with the st...