Intraday Sector Breadth and Trending Stock Update for March 26

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With a strong mid-day downside reversal, let’s update our current Sector Breadth Chart (the message is very clear) and highlight our uptrending and downtrending stock candidate list.Let’s start with our broader S&P 500 Sector Breadth Chart:A quick glance shows strength (money flow) entering the Defensive Names such as Staples ($XLP), Health Care ($XLV), Utilities ($XLU) along with Energy ($XLE).Notice that zero Materials ($XLB) stocks in the S&P 500 are positive on the session right now.Take a moment to review my prior posts “Bearish Signals from March Sector Performance” along with “Simple Repeating Top Pattern in the S&P 500.”As for intraday trending stock candidates, let’s start with our top four candidates:Our scan focuses on Lorillard (LO), Pepsico (PEP), Dr. Pepper/Snapple …


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