With the backdrop of higher oil price, the leading industrial sectors either energy or basic materials related. The international sectors have come down from their high in the past few weeks due to the same problem as U.S., slower growth with higher inflation. Brazil, Canada, and Latin America which have abundant natural resource are leading the pack.
See Rankings of Average Momentum Index for iETF and sETF in:
http://yechen.pan.googlepages.com/
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