XLC: sell signal tops the ranking, but opening is high-risk

XLC receives a fresh weekly sell signal at week 1, ranking 1st among the 96 sell signals for US stocks. The setup quality indicator stands at 94 out of 100, in tension/maturity phase. The weekly drop was moderate, but the ETF is still 21.8% above the 200-week moving average: the quality band flags trading as not recommended. The confirmation week is still in progress.