The S&P 500 has seemingly entered into a range bound stage between SPY $133-136. The Materials Sector , XLB, remains slightly oversold along with Financials, XLF, going into the new week. While the Commodities ETF, DBC, was able to post a slight recovery, the bounce was fairly uninspired just under its prior breakout zone.

Source: ETF Rewind subscription service; prior weekly posts.

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