Taking a Look at the Healthcare Industry

2013-02-07 · by Brandon J. Ferro · in Companies, Equities, Health Care Providers, Ratios, Sectors, Spread Trade, SPX, Technical Analysis

The chart below highlights the ratio of the DJ US Healthcare Providers Index vs. SPX. The ratio is caught in a long-term ascending triangle pattern b/t lines (1) and (2). Typically such patterns are bullish and result in strong break-outs….

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