Finance and Industrial looking BEAR lately! Going down more than the market since mid December, 5-6% more to drop until next support levels from late November.
******************** Hershey's CoCo Indicator details: Very Bull = Blue Arrow = Sector and Market prices are up, Sector price up more Bull = Green Arrow = Sector and Market prices are up, Market price up more Bear = Red Arrow = Sector and Market prices are down, Market price down more Very Bear = Black Arrow = Sector and Market prices are down, Sector price down more
Neutral = No Arrow = Both movements equal
Arrow Length = Strength (the longer the arrow the bigger the difference)
Green Background = Bull = Above zero Moving Average of all arrow values Red Background = Bear = Below zero Moving Average of all arrow values
To review, the Blacks and Blues are the HEAVIEST pressure... the LONGER the STRONGER!