Fierce Friday

I'm prepping for tomorrow, Friday. I didn't trade today as I had a tough morning at work and didn't have access to my computer for a good while. I definitely was not going to trade on a whim without proper preparation.

I feel good about tomorrow, so let's get to it.

The performance above is completely different from the day prior. There were several sectors that had a positive return. As always, my analysis in the table then allows me to make decisions on what sectors to pick. I will say, that I need to work on my portfolio this weekend, so that I can polish it and have automated sector decision. In the meantime, let's stick to manual analysis, so for tomorrow I'll expect the following:

• XLP, XLI & XLU – Both were overpowered by the sellers today. Recalibration will be needed.

From the above, I will focus on XLI. I will be drilling down to RTX.

From the charting we see that the RSI is in good health. Not oversold, not overbought. RTX has a limbo, a good one. There can potentially be a great entry tomorrow for it. I will keep this updated on that entry was.

Let's see and celebrate Friday!