XLB at Week 8: Reduction Window Reached, Technical Picture Showing Fatigue

XLB is at week 8 of a buy signal. The trade is slightly underwater and the second statistical reduction window has just been reached: the model suggests trimming 20% of the initial position. Signal strength stands at 38 out of 100 — weak conviction — and the technical picture is showing growing signs of fatigue. Ranking 128th among 161 open buy positions in US stocks captures the relative weakness of this setup clearly.