XLK at week six: model roadmap complete, now it's about managing
XLK at week 6 of its buy signal with all 3 model targets already hit. Setup quality index at 72 out of 100 is in tension, signal strength at 47 out of 100 is medium. Focus now shifts to trailing stop management.
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.
Invesco S&P 500 Top 50 ETF: fading signal, breakeven stop, first trim window reached
XLG is at week 6 of an open BUY with the stop at breakeven and the first management window already reached. Signal strength has dropped to 33 out of 100, with price hugging historical highs. The discipline calls for trimming, not adding.
XLF at week 6: first window reached, position still live
State Street Financial Select Sector SPDR ETF at week 6 of the trade. The 1st model window is reached: discipline suggests reducing by 34%. Signal active, medium-weak strength, breakeven stop.
XLE at week one: the double-bottom bounce holds, but strength is still building
The energy sector initiates a buy signal on a weak bullish structure with a double bottom behind it. IQS Phase at 54 out of 100, signal strength at 47 out of 100: the setup is constructive but not yet convincing. We favour keeping position size reduced.
Active signal at management stage: first window reached, strength fading
The buy signal on XLC has reached week 6. The model's first statistical window is here, the stop is at breakeven. Signal strength at 47 out of 100, ranked 131st out of 170.