Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Energy, utilities, and industrials at EXTREME oversold conditions
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Tuesday, February 24, 2009
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One of the easiest ways to track "overbought/oversold" conditions in a market sector is to measure the percentage of companies in the sector trading above their 50-day moving average.

As the excellent Bespoke Investment Group points out, Energy, Utilities, and Industrials are at extreme, blown-out, oversold levels.

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Topics: Energy | Stocks
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