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An improving outlook for commodity sectors


After underperforming for most of the last year, both Energy and Materials have begun to trend higher vs. the S&P 500. The NDR Commodity Model and Crude Futures Technical Model each turned bullish in February. Energy and Materials have seen rising intra-month sector model composite scores in March and will likely both be upgraded to marketweight by the model.

Ned Davis Research | Equities | U.S. Sector & Industry Focus | Weekly

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