The Market Carpet shown here focuses on the US industry groups from the
Market Summary Market. Chartists can focus on a particular section of a Market Carpet by double clicking a square. Notice that the DJ US Paper-Forest Products Index ($DJUSFR) is the best performer over the last five days. The HealthCare Products Index ($RXP) is also strong, while the Disk Drive Index ($DDX) and the Gold-Silver Index ($XAU) are weak.
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Click this image for a live chart
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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