Energy sector up for the second day amid down day - Daily Observations 23 March

Market Performance

Sector Performance

• 2 of 11 sectors finished green today.
• Best sector:  Energy +1.80%.
• Laggard sector: Financials -1.85%.
• VIX +2.75% to 23.57 from 22.94.
• Crude oil /CL +2.59% to 114.66 from 111.76.
• 10-year Treasury Yield -2.19% to 2.32.
• 30-year Treasury Yield -2.85% to 2.52.

SPY Snapshot

• $SPY -1.29% to 443.80 from 449.59
• 8-day SMA at 437.77
• 21-day SMA at 431.96
• 30-day SMA 435.04
• 200-day SMA 446.32
• Relative strength index slid to 52.10 from 55
• Volume jumped to 78.11M from 74.65M

Notebooks

• Major indices, $DJI components, SPY sectors
• S&P500
• CBOE VIX

I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.

Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.