Sector ETF Technical Analysis – September 6

The energy, health care, consumer discretionary, industrial, and S&P500 sector ETFs were able to reclaim their 20-day moving averages last week, though the later two just barely.   Health care, industrials, and technology moved above the 50-day.   Even with Friday’s ugly close it was a week of repairing August’s technical damage.   That said, we still don’t think market is out of woods just yet.

ETF_20 day ETF_50 dayETF_200 day(click here if charts are not observable)

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