20120810 MA Breadth
Looking under the hood in my universe of approximately 1960 stocks (no closed end funds or ETFs) broken into 10 sectors. The equity markets seem to beholding up well, but the rotation is also becoming more apparent here.
These are custom indexes so you cannot invest directly in them, but there are plenty of ETFs available for each sector. For me personally this is another form of relative strength, just with a broader lens .
Good Luck! It is there for you to make.
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(All market data above are derived from Stockcharts.com, Esignal, and Reutersdatalink)
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