Following an extended consolidation phase from December 2021 to August 2024, the healthcare index has developed an Inverted Head & Shoulder pattern.
With a recent breakout, the index is now set to experience significant upward momentum.
Industrials
Similar to the healthcare index, the industrials sector has also established an Inverted Head & Shoulder pattern. Following its breakout, this index has shown positive movement.
With a recent breakout from a brief consolidation phase, the index is ready to climb once more.
Financials
The financial sector plays a vital role in the US stock market. Recently, the financial index experienced a robust breakout after a lengthy consolidation phase, indicating that this sector could enhance the overall US market.
Real Estate
The real estate sector has faced challenges for a considerable time, with the index suffering a significant downturn. However, following a recent breakthrough, the index is making progress toward recovery.
註釋
At present, the Healthcare, Industrial, Financial, and Real Estate sectors are all demonstrating strong performance.
註釋
Alongside the four sectors, the Utilities sector is currently exhibiting notable strength.
● The chart clearly indicates that after successfully breaking through the Rounding Bottom pattern, the index is now positioned above the breakout level.
● If the index can hold its ground above the 390 level, the upward trend is likely to continue.
**Overall, the market sentiment appears optimistic, bolstered by the positive performance across these major sectors.