Negative technical divergences are spreading among the 9 global averages that best measure the staying power of the post-election rally in major indices around the world.
The REIT and energy sector ETFs remain year-to-date losers, but technology has seen strong growth over the same period. Here's how to trade all 11 S&P sector exchange-traded funds.
The exchange traded funds Diamonds, Spiders and QQQ's remain positive but overbought, while transports has a negative chart and Russell 2000 shows declining weekly momentum.
Reduce holdings on global stock market strength, as the rise in momentum slows - The only new high occurred in India, while transports and small caps lag in the U.S.