In this video from StockCharts TV, Julius dives in to the sector rotation model, trying to find any alignment between theoretical and real-life rotations of sectors in combination with the economic cycle. The positions of the various sectors and the economic indicators that are part of this model are not giving a very clear answer at the moment. Combine that with a lack of trading volume on the upside and you have enough conflicting pieces of the puzzle for Julius to avoid being all-out bullish on the general market.
This video was originally published on October 15, 2024. Click anywhere on the icon above to view on our dedicated page for Julius.
Past episodes of Julius’ shows can be found here.
#StayAlert, -Julius