This ranking system combines the seasonal strength and the current relative strength of the S&P sectors. We can see that the sector ETF for the base materials, XLB, is ranked first. The ETF is ranked third for seasonality and March and is currently ranked third for relative strength. Ranked second is the industrial sector ETF, XLI. Note that it is ranked first for current relative strength. A high ranking usually a sign of share appreciation over the coming month or two.

Sector Rankings

The monthly histogram below shows us that the sector is in a strong seasonal period. A rally to the 85 level or higher is expected.

XLB Monthly Histogram

XLB Daily

The XLI is graphed below. Here, too, the sector is in a favorable seasonal period. Price may reach 105 or higher in the next month.

XLI Annual Histogram

XLI Daily