FYI: The market collapsed once again this morning, leaving the S&P 500 down nearly 5% on the week at one point. We’ll be covering this week’s drop in our Bespoke Report newsletter due out later today, but below we just wanted to provide you with trading range charts of the S&P 500 and its ten sectors. For each chart below, the white line represents the sector’s 50-day moving average. The light blue shading represents the sector’s “normal” trading range, which is one standard deviation above and below the 50-DMA. The green zone represents oversold territory, with the bottom end of the green zone two standard deviations below the 50-DMA.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/sp-500-sector-trading-range-charts/
