Tech and Communications services are not currently leading sectors, theyre both mostly sideways and struggling to make new highs. There may be an opportunity in the coming few days to catch a pre-Christmas push off the 20ma, Tech is at the line and Communications needs a bit more of a pullback. I will keep an eye on these two closely to see how they react and if we get a pre-Christmas bounce.

Consumer Discretionary has just made a new 52 week high, probably in line with an increase in consumer spending due to Black Friday sales and the build up to Christmas. Consumer Staples is currently underperforming and is stuck in bearish structure and therefore needs a push to the upside before stock picks are considered.

The Finance sector has made a huge push to the upside so I shall screen for Finance stocks that make a pullback over the coming days and weeks as there is an excellent opportunity here to catch some longs on Finance stocks. The Healthcare sector has already had a fantastic bounce late last week but as I was switching ISA accounts, I was unable to capitalise on any stocks making this move. I will await to see if we get another pullback and bounce.