Sector Highlight: Opposite Engineering a Worth Goal for SPY | RRG Charts

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On this yr’s first episode of StockCharts TV’s Sector Highlight, I take a look at the present state of sector rotation, then stroll thru all 11 sector charts to make an overview on their person (relative) developments and their near-term toughen and resistance ranges. Subsequent, I take advantage of all this data to “opposite engineer” toughen and resistance ranges and a value goal for SPY.

This video used to be firstly broadcast on January 10, 2023. Click on any place at the Sector Highlight emblem above to view on our devoted Sector Highlight web page, or click on this hyperlink to observe on YouTube. You’ll be able to additionally take a look at the video on the StockCharts TV on-demand web site StockChartsTV.com, or at the related app on cellular platforms like iOS and Android, or TV platforms like Roku, Apple TV, Amazon Fireplace TV and Chromecast.

Sector Highlight airs weekly on Tuesdays at 10:30-11:00am ET. Previous episodes may also be discovered right here.

#StaySafe, -Julius

Julius de Kempenaer
Senior Technical Analyst, StockCharts.com
AuthorRelative Rotation Graphs
FounderRRG Analysis
Host ofSector Highlight

Please in finding my handles for social media channels below the Bio underneath.

Comments, feedback or questions are welcome at Juliusdk@stockcharts.com. I will not promise to reply to every message, however I will be able to without a doubt learn them and, the place somewhat imaginable, use the comments and feedback or resolution questions.

To speak about RRG with me on S.C.A.N., tag me the use of the take care of Julius_RRG.

RRG, Relative Rotation Graphs, JdK RS-Ratio, and JdK RS-Momentum are registered logos of RRG Analysis.

Julius de Kempenaer

In regards to the creator:
is the writer of Relative Rotation Graphs™. This distinctive way to visualize relative power inside a universe of securities used to be first introduced on Bloomberg skilled services and products terminals in January of 2011 and used to be launched on StockCharts.com in July of 2014.

After graduating from the Dutch Royal Army Academy, Julius served within the Dutch Air Power in a couple of officer ranks. He retired from the army as a captain in 1990 to go into the monetary trade as a portfolio supervisor for Fairness & Legislation (now a part of AXA Funding Managers).
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