Daily Market Brief

Neutral-Up — XLC leads the SPDR 11 — SPY trend Normal — 1 big mover — 2 squeeze setups building

July 10, 2026 · Data through the US close · Auto-generated from quantitative models

Final since August 25, 2026 at 9:50 AM UTC. The numbers on this page do not change after that.

Educational commentary, not investment advice. See full disclaimer.

Market Conditions are Neutral-Up (score 60.0/100) — main risks: distribution red, trend amber. Underlying SPY trend is Normal with MEI at 60.4/100 (MODERATE GROWTH) and sentiment reading NEUTRAL. Communications (XLC) leads at #1 with a Weak signal and score 61.3, while Materials (XLB) trails at #11. 1 sector moved 3+ ranks today.

Market Conditions

Neutral-Up60/100

Constructive — standard size

Trend

Breadth

Distribution

Volatility

Credit

Internals

Macro Regime

Main risks: Distribution (red) • Trend (amber)

Synthesised from trend, breadth, distribution, volatility, credit, internals, and macro inputs. See the Market Conditions tab for full detail on each light.

US Market Indicators

All indicators are based on US equity markets and economic data.

SPY Sentiment?

NEUTRAL

56.2/100

Macro Economic Indicator?

MODERATE GROWTH

60.4/100

Economic Regime?

Recession

US Sector Rotation (SPDR 11)

Rank	Δ	Sector	Signal	Quadrant	Score
1	↑2	XLCCommunications	Weak	Improving	61
2	→	XLFFinancials	Improving	Leading	61
3	↓2	XLVHealthcare	Weak	Weakening	55
4	↑1	XLYDiscretionary	Weak	Improving	55
5	↓1	XLEEnergy	Weak	Improving	48
6	→	XLKTechnology	Weak	Lagging	47
7	↑3	XLPStaples	Weak	Lagging	43
8	→	XLREReal Estate	Weak	Lagging	43
9	↓2	XLIIndustrials	Weak	Weakening	42
10	↓1	XLUUtilities	Weak	Weakening	42
11	→	XLBMaterials	Weak	Lagging	37

Notable Changes

⚡XLY in TTM Squeeze (9 bars) — watch for breakout

⚡XLP (Staples) climbed 3 ranks to #7

⚡XLRE in TTM Squeeze (6 bars) — watch for breakout

What to Watch

Sectors near a signal threshold or with elevated seasonal tailwinds.

›XLC — seasonal score bullish (87/100)
›XLF — seasonal score bullish (89/100)
›XLV — seasonal score bullish (88/100)
›XLY — seasonal score bullish (87/100)
›XLK — seasonal score bullish (92/100)
›XLP — seasonal score bullish (84/100)
›XLRE — seasonal score bullish (90/100)
›XLI — seasonal score bullish (90/100)
›XLU — seasonal score bullish (86/100)
›XLB — seasonal score bullish (76/100)

Action Items

Sectors in favour

Sectors that have historically done well when this reading looks like it does today. That is history, not a forecast.

XLV, XLP, XLU

Caution: Persistent Weakness

Sectors with an Avoid signal or in Weinstein Stage 4 (confirmed downtrend), excluding sectors currently favored by the economic regime.

XLE

Want the full picture?

The dashboard shows 80+ fields per ETF, entry timers, holdings drill-down, and 10 asset universes, all interactive.

View Dashboard →