An "Everything Red" Morning

Declines over the last week or so have moved all but two S&P 500 sectors back into neutral territory from what had been pretty extreme overbought levels.

Declines over the last week or so have moved all but two S&P 500 sectors back into neutral territory from what had been pretty extreme overbought levels. No sector has yet to move below its 50-day moving average, but Health Care is sitting the closest to its 50-DMA at the moment.  

 

 

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