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AI-generated

Favorable — XLK leads the SPDR 11 — SPY trend Normal — 1 big mover — 1 squeeze setup building

August 10, 2026 · Data through the US close · Auto-generated from quantitative models

Final since . The numbers on this page do not change after that.

Educational commentary, not investment advice. See full disclaimer.

Market Conditions are **Favorable** (score 80.0/100) — main risks: distribution red, internals amber. Underlying SPY trend is Normal with MEI at 62.7/100 (MODERATE GROWTH) and sentiment reading NEUTRAL. Technology (XLK) leads at #1 with a Weak signal and score 64.9, while Utilities (XLU) trails at #11. 1 sector moved 3+ ranks today.

Market Conditions

Favorable80/100

Favorable — full size

Trend
Breadth
Distribution
Volatility
Credit
Internals
Macro Regime

Main risks: Distribution (red) • Internals (amber)

Synthesised from trend, breadth, distribution, volatility, credit, internals, and macro inputs. See the Market Conditions tab for full detail on each light.

US Market Indicators

All indicators are based on US equity markets and economic data.

SPY Sentiment?

NEUTRAL

56.7/100

Macro Economic Indicator?

MODERATE GROWTH

62.7/100

Economic Regime?

Recovery

US Sector Rotation (SPDR 11)

RankΔSectorSignalQuadrantScore
11XLKWeakImproving65
21XLYWeakImproving63
36XLEWeakWeakening52
41XLCWeakImproving48
51XLBWeakWeakening48
6XLVWeakWeakening48
72XLFWeakWeakening42
81XLIWeakLagging38
91XLPWeakLagging33
10XLREWeakLagging33
11XLUWeakLagging26

Notable Changes

XLE (Energy) climbed 6 ranks to #3
XLP in TTM Squeeze (8 bars) — watch for breakout

Action Items

Economic Regime Favours

Sectors historically outperforming in this phase of the business cycle.

XLV, XLP, XLU

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