Market State Daily Update 17 Feb 10

XLP (Consumer Staples Sector)

As Leading Sector, seek to break out Consolidation Zone

SPY daily Chart Update: Uptrend (Resistance Level)

SPDR 9 sector ETFs Daily State Update: Mixed

FSTE ST All-shares (250 components) is lagging.

Which means that average of 30 STI components is Leading the Market.

^STI Daily Chart Update: Breakout from Consolidation Zone, Uptrend.