Historically the Composite has followed Dow Theory Sell Signals. The Transports should be closely observed at this time.
It will again as the lead up into Financial EPS arrives this coming week.
Inflation has been the Trade into all Primary Sectors with Real Estate beginning to show signs in November of several issues.
The NYSE Composite is an index encompassing all common stock listed on the New York Stock Exchange, including ADRs, REIT's and Tracking Stocks. It is the broadest measure of Market Health.
A free-floating market capitalization is a useful tool to "adjust" prices. It skews heavily depending upon these adjustments to "Capitalization".
Financials, Energy, and Health Care are the Primaries by Market Cap.
Traders should follow the NYSE closely as it provides a great deal of information with respect to the direction of the Growth Sectors - The Trend sets the correlation, typically in a rising rate environment, we will see a reversion to an Inverse Correlation.