Health Care Lagging

04/27/2009 11:22 am EST

Focus: ETFS

Thomas Aspray

, Professional Trader & Analyst


The health care group has been underperforming since the March lows as the sector ETF (XLV) just rallied up to fill the late February gap and has since moved sideways. The uptrend in the RS has been broken and is now below its WMA. Support resides in the $22.00-$22.80 area, with resistance at $25.00.

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