A similar divide may be appearing again, albeit not as wide. Technical internals has been pointing to a shift in leadership to value and cyclical sectors, indicating the emergence of cyclical green shoots. Further analysis of technical internals, as well as the macro picture, indicate that hope of a cyclical rebound may be an illusion.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqyT_ALFFf1mCxHH199fTansba66IWnCZ3vnT76-Z4oZoX6DmkGyiVyf4MoN35bEwJX_eF1u-6K0FMNnDu_wqh32Jb-vj-CKshnmxsvDZ405im6qsfIC2e0E-cf3MT3eLRcltqij9nrbIJgMEZFLd8ZWV6kmrE1b1lA9ayGKY-SQZPbkcSLWUYbODRuw/w311-h400/Value%20sectors.png)
Here's why.
The full post can be found here.