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A few sectors that are really starting to “kick it up a notch” are bio-techs (ARIA CHTP) and drug stocks (DVAX AMRN). As long as the +DI on the ADX continues to stay above the ADX line, the market will trend higher regardless of how overbought every sentiment indicator out there is. Stay the long course for now until we get a huge one day rally.
…and oil related stocks as seen below continue to be strong.
