It’s easy to focus on the leaders, but let’s shift our attention to the bottom of the rankings — energy.
This sector has been consistently lagging, showing red for some time. That’s the beauty of these Power Rankings; they give us an early warning when trends start to shift.
Energy hasn’t turned the corner just yet.
Meanwhile, Crude Oil is sitting at a critical support level and remains tightly coiled.
If we see an upward breakout in Crude, it wouldn’t be surprising to watch Energy transition from red to green.
