>>> SXAP - Sector Trading on support - 14.5% correction since highs

SXAP still +18.75 YTD, 14.5% from highs, trading on low support of the range..see some sellers for tje last few days...China slowdow on the car sector has been a catalyst...still a gap open (589.1/591.3)...200d ma is 6.4% lower...same level that 50% retracememnt from 2014 lows to 2015 highs...1% of underperfomance to go versus SX5E to trade on lowest level of the year relative to SX5E.