Below we highlight our trading range charts from the Bespoke Sector Snapshot available to Bespoke Premium subscribers. The red area is considered overbought while the green area is considered oversold. If the price moves below the green area, the sector is considered extremely oversold, and a short-term bounce is usually in the cards. Currently, Financials, Industrials, Energy, Consumer Discretionary and Telecom are trading well into oversold territory below the green zone.
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