Above is the Stochastic Analysis of 15 Dow Industrial Stocks as described in the post titled "Reversals". It uses the top weighted stocks in the index that represent as many various sectors as possible.
The chart above is the top two weighted stocks in the eight SPDR's (Consumer Discretionary, Consumer Staples, Energy, Financial, Health Care, Industrial, Materials and Technology), except Health Care in which I used just one stock (JNJ). I believe that the SPDR Stochastic maybe the better indicator.
Charles
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