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XLI at week six: first target reached, signal weakening

State Street Industrial Select Sector SPDR ETF at week 6 of an open buy. First statistical window reached, signal strength at 33 out of 100 and fading. The industrials sector shows short-term weakness.

In Summary
State Street Industrial Select Sector SPDR ETF is at week 6 of an open buy. The first statistical management window has arrived, with signal strength down to 33 out of 100 and the industrials sector showing short-term weakness. The trade ranks 154th out of 170 open buys: a position to manage carefully, not to add to.
Open BUY ·6th week from start ·US stocks ·T1
IQS Phase
46
ordinary
Signal Strength
33
medium · weak
Sizing
REDUCED
Ranking
#154 / 170
US stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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