The tariffs are having a profound effect on the equities market. All sectors are currently bearish and two are threatening to move into the oversold zone to join Discretionary, Energy, Health, Real Estate, Materials and Technology.
Financials is currently hovering at 34.24% bullish while Industrial is close to the oversold zone at 33.33% bullish.
This leaves Utilities, Communications, and Staples safe for the moment.
Lowell