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Thursday, March 28, 2024

Semiconductors and Energy: Major Divergences from Rest of Market

Semiconductors and Energy: Major Divergences from Rest of Market (Update1)

Courtesy of Ben, the Financial Ninja

[click on Ben’s charts for larger views]

FN: This is an update on the divergence of both semiconductors and energy from the rest of the market from the post Semiconductors and Energy: Major Divergence from Rest of Market.

"…Both SOX and XLE are important leading indicators of a true economic recovery… and they are currently signaling weakness."

 

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