FTSE SECTOR – GENERAL INDUSTRIALS (NMX7570)

– Recently broke its Relative Strength descending┬átrendline against the FTSE
– Both markets are currently consolidating, but General Industrials is potentially a market to watch for longs next year
– I’m looking for a close above 2750 to confirm a bullish move within this sector
– Generally correlates with FTSE
– Stocks to monitor: REX, RPC, SMDS

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