GUMBY9662C

XLB-Materials Momentum cross today

AMEX:XLB   Materials Select Sector SPDR
No One talking about Materials sector today yet it's the one that changed momentum character today. Leading indicator for Industrials. It might still take some time to start falling but the cross today will change how institutional investors chase momentum in this sector. This isn't necessarily a good short but it is something to be aware.

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