Health Care Joins the Advance ๐ The Chart Report
Chart of the Day
๐ Today's Chart of the Day was shared by Gonza Sanchez.
Large-Cap Health Care ($XLV) just posted new all-time highs, following a lengthy consolidation after last summerโs sharp rally.
Equal Weight Health Care ($RSPH) also closed at record highs, confirming participation isnโt limited to a select few names.
With defensives setting the tone this year, Health Care is positioned to be the next defensive sector to take the baton.
The Takeaway: Health Care finished the week at new all-time highs, and looks ready to extend from its multi-month base.
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