Decade+ Relative Strength Break-Out in This Industry

2013-03-10 · by · in Companies, Equities, Fundamental Analysis, Ratios, Sectors, Spread Trade, SPX, Technical Analysis

The first chart below highlights the ratio of the DJ Home Furnishings Index vs. SPX. Note the break-out above falling resistance this past week which had been in place for over a decade and had defined this industry’s inexorable under-performance…

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