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XLB at week 7: fading signal, next reduction window approaching

XLB's buy signal reaches week 7 with strength at 47 out of 100 and weakening structure. The stop is at breakeven, risk is zeroed out. Model discipline suggests preparing for the next reduction window.

In Summary
XLB — the State Street Materials Select Sector SPDR ETF — reaches week 7 of an open buy signal, with strength at 47 out of 100 and a weakening structure. The stop has already been moved to breakeven, zeroing out risk. The next reduction window is scheduled for week 8.
Open BUY ·7th week from start ·US stocks ·T1
IQS Phase
47
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#130 / 170
US stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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