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XLI: Industrials are outperforming
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XLI/SPY
OakMarketTrends
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XLI/SPY
2
0
So far XLI is doing well (cf: my previous Idea). The recent decline in the dollar helps the Industrials and their exportations. The ratio XLI/SPY is rising. The strength of Industrials is likely to continue on a short term basis.
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SPX, TRAN and XLI Top down approach/ intermarket relationships
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SPX500
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