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I discussed yesterday about the money rotation in the market last week. Here below is the performance chart of technologies sectors and commodities sectors compared to the S&P500 in the last ten days of trading.

(Chart courtesy of stockcharts.com)
Also on the technical side the things are changing. The Semiconductor Index ($SOX)dropped back to the previous congestion after the breakout three weeks ago. This is not exactly what I like to see if I am a bull. But take a look at the Natural Gas Index:

The index broke out of a broad base pattern and is printing new highs. This impressive action could continue in the next months.
Same story in the XLU. The stock broke out three bars ago and printed a new all-time high. The OBV is showing a small divergence and the volume was not extremely high on the move, but I am still bullish on this ETF despite it.

There are few stocks showing nice patterns, here are the strongest on my database:
Southwest Gas Corp.(SWX)
Equitable Resources Inc.(EQT)
Peoples Energy Corp.(PGL)
Chart Courtesy Of TeleChart Swing Trading, Technical Analysis, Daily Stock Market Commentary.

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