The ASX 200 closed above 7100 for its first time in eight sessions, and that it was seen on above average volume is encouraging for the bull-case. The December low of 7145 is a key level for bulls to conquer if this rebound is to have any legs. Energy and utilities sectors continued to outperform the broader market last week, rising 4.9% and 4.5% respectively compared to the ASX 200’s 1.9% gain. Over the past month the sectors have climbed 9.5% and 6.9%. ASX 200: 7120.2 (0.60%), 04 February 2022 Industrials (1.15%) was the strongest sector and Telecomm Services (-0.01%) was the weakest 10 out of the 11 sectors closed ... (full story)