generally speaking, the sector cycle falls in line with key passages of the index, independently of specific timeframes.
in a bull cycle, materials and industrials usually perform best. towards the end of the cycle, utilities and health stocks performing better.
when tech stocks are running, you know you are back at base camp, and it's time to get setup for the next bull run.
i used to post alot of charts on the XJO thread, a while back i did a comparison of the recovery out of the 87 correction vs the GFC. what i found was that the index bounced around between the key fib levels for about 6 years before recouping all losses and entering a bull market.
well november marks 6 years since the GFC top, and the XJO is just about to cross the 61% fib level, so everything looks like it is on track for the next bull run to be starting right on cue.
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