03/27 – 03/31 Industrials

XLI

The prior pivots for trading this week is 65.82 and 64.25 on XLI which are also the highs and lows on weekly chart for the last week. As long as XLI hold below 65.82, stay bearish and watch for follow through to clear 64.25, trading weak sub-sectors/stocks.

Strong stocks :

MMM, EFX, RSG, CTAS, ALLE.

Weak stocks : 

BA, UPS, GD, CSX, RTN, NOC, EMR, NSC, GWW, TXT, JBHT.

 

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