A Sector Worth Watching Right Now 🌤️ The Morning Print
Good morning!
The Materials sector has been coiling for months as it sets up for its next expansionary move.
Here's the setup.
Materials is one of the market's most overlooked sectors.
Earlier this year, it was the top-performing sector year-to-date before Energy took the lead with its powerful run.
After posting one of the strongest starts to a year on record based on its 2-Month Rate of Change, Materials has quietly been setting up for its next move.
The sector has been coiling into a series of lower highs and higher lows, and is now approaching the apex of its triangle.
You want to bet on these types of patterns resolving in the direction of the underlying trend.
Keep your eyes on Materials, as it could be one of the more compelling rotation opportunities in the market right now
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