July 15th update: The Market Strength Index of the 11 US Sectors

The long-term view of the 11 US Sectors’ Market Strength Index

The short-term view of the 11 US Sectors’ Market Strength Index

From the charts above we can conclude the following:

1. The MSI of most Sectors is going down.

2. The Sectors with the highest MSI are: XLRE, XLU, XLK