Charting My Interruption (CMI): “‘New Era’ Leaders Trending, Very Oversold.”

Highlights

  • Despite the recent volatility, 'New Era' industries are still in uptrends broadly speaking, with very attractive momentum scores.
  • In that context, many of these industries are now very/extremely oversold.
  • We don't need to know if recent weakness is the start of something worse to come in the future in order to know what to do today.
  • At this point, the data points to a very oversold uptrend within leading industries, with a rally likely forthcoming.

"'New Era' Leaders. . .

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