SelectSectors.com Index Charts
( Charts are updated daily )

The below Internal Strength Chart, which is a function of all 41 Sectors, has provided all the Buy /Sell turning points. It appears to provide better timing results then all the other Indicators. If you know of a better Indicator, please let me know about it. Thanks.

The below chart depicts the Internal Strength of the composite
of all 41 Select Sectors. It is the heartbeat of the collection of
Sectors and may provide short term trading insight.

SelectSectors Index( SSx ), which is based on the composite
of all 41 Select Sectors, in terms of Hurst Envelopes.

 

SelectSectors Index Ribbon Chart.

 

SelectSectors Index( SSx ) Hurst Oscillator


The below chart is a comparison of the S&P500 and the SelectSectors Index ( SSx ) which is the composite of all " 41 Sectors.

The SSx has approximately the same functional form as the S&P500, but has a higher "Beta", so that it will outperform on the Upside but crash harder on the downside.


Several articles pointed out that major indexes have a lot of non-stocks in them and questioned the usefulness of the NYSE composite, etc. This motivated me to generate cleaner data. With the Fidelity Sectors we have a set of 41 active funds. I have used their daily closing NAVs to construct a new Summation Index.