Daily Pre-Market Brief

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

August 11, 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 63.0/100 (MODERATE GROWTH) and sentiment reading NEUTRAL. Technology (XLK) leads at #1 with a Weak signal and score 69.6, 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

57.5/100

Macro Economic Indicator?

MODERATE GROWTH

63/100

Economic Regime?

Recovery

US Sector Rotation (SPDR 11)

Rank	Δ	Sector	Signal	Quadrant	Score
1	→	XLKTechnology	Weak	Improving	70
2	↑1	XLEEnergy	Stable	Leading	64
3	↓1	XLYDiscretionary	Weak	Improving	58
4	↑1	XLBMaterials	Weak	Weakening	46
5	↑3	XLIIndustrials	Weak	Lagging	44
6	↓2	XLCCommunications	Weak	Lagging	43
7	↓1	XLVHealthcare	Weak	Weakening	42
8	↓1	XLFFinancials	Weak	Weakening	42
9	→	XLPStaples	Weak	Lagging	33
10	→	XLREReal Estate	Weak	Lagging	32
11	→	XLUUtilities	Weak	Lagging	27

Notable Changes

⚡XLI (Industrials) climbed 3 ranks to #5

⚡XLP in TTM Squeeze (9 bars) — watch for breakout

Action Items

Economic Regime Favours

Sectors historically outperforming in this phase of the business cycle.

XLV, XLP, XLU

Caution: Persistent Weakness

Sectors with an Avoid signal or in Weinstein Stage 4 (confirmed downtrend), excluding sectors currently favored by the economic regime.

XLRE

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