Rally led by beaten-up sectorsXLY,XLC,XLK, a pent up rebound from prolonged weakness

30/12/2022 market diary & playbook

-SPY$SPDR S&P 500 ETF Trust(SPY)$ (+1.80%) net highs/lows -14
- rally led by beaten-up sectors$Consumer Discretionary Select Sector SPDR Fund(XLY)$$Communication Services Select Sector SPDR Fund(XLC)$ $Technology Select Sector SPDR Fund(XLK)$ a pent up rebound from prolonged weakness
- leadership groups regained posture, setting up for next rally leg $SPDR S&P Oil & Gas Equipment & Services ETF(XES)$ $CSI China Internet ETF(KWEB)$ $Global X NASDAQ China Technology ETF(CHIC)$ $Global X China Consumer ETF(CHIQ)$ $iShares China Large-Cap ETF(FXI)$ $VanEck Pharmaceutical ETF(PPH)$  

$Oil States(OIS)$ $Nutex Health Inc(NUTX)$ $Neonode(NEON)$ $Luna Innovations(LUNA)$ $Kanzhun Limited(BZ)$ $Huya Inc.(HUYA)$ $Hello Group Inc(MOMO)$ $Direxion Daily Gold Miners Index Bull 2X Shares(NUGT)$ $CSI China Internet Index Bull 2X Shares(CWEB)$

$ARCELLX, INC.(ACLX)$$Bilibili Inc.(BILI)$$Baozun(BZUN)$ $Dada Nexus Limited(DADA)$ $Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares(DRIP)$ $Direxion Daily Real Estate Bear 3X Shares(DRV)$ $New Oriental Education & Technology(EDU)$ $F&G ANNUITIES & LIFE INC(FG)$ $Imara Inc.(IMRA)$ $Melco Crown Entertainment(MLCO)$ $Niu Technologies(NIU)$ $Ultragenyx Pharmaceutical(RARE)$ $Rhythm Pharmaceuticals Inc.(RYTM)$ $TAL Education Group(TAL)$ $SUPER MICRO COMPUTER INC(SMCI)$ $Direxion Daily Technology Bear 3X Shares(TECS)$ $Thoughtworks Holding Inc.(TWKS)$

https://twitter.com/jeffsuntrading/status/1608739224068698121?cxt=HHwWksDRraDzsdMsAAAA

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