NWX
Momentum in the NWX sector is building after a one and half month lull. As the sector appoaches the overbought level, we may see some consolidation.
NBI
The biotech sector is consolidating its recent gains. A strong second half of February leaves the sector in an overbought condition.
SOX
After a one month shallow pullback, the SOX was oversold. The first day of March was a big day for the SOX with virtually all of the strong, better known names in the sector recording big one day gains. the SOX is trying to regain its leadership and break through resistance. All indicators and oscillators are giving bullish signals.
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