The Sector Market Carpet provides a color-coded display of the last seven trading days for the S&P 500 sectors. It is mostlly red as all sectors are down. Stocks holding up the best are shown with green or white-ish squares. Three of the five gainers come from the energy sector.
Click this image for a live chart.
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
Learn More
