Market Correction Risk Scorecard

Market Internals 68.5 · YELLOW

Level 5 · weight 10%

Metrics

MetricValueZStatusSource
Sector Return Dispersion (YTD)
Stdev of YTD returns across XLB/XLC/XLE/XLF/XLI/XLK/XLP/XLRE/XLU/XLV/XLY.
13.07 % 2.43 RED yfinance:11 SPDR sectors
RSP/SPY Ratio
Equal-weight (RSP) vs cap-weight (SPY) S&P 500. Falling ratio = narrowing leadership.
0.28 ratio 1.56 RED yfinance:RSP/SPY
% S&P 500 Above 200DMA
Share of S&P 500 members trading above their 200-day moving average.
56.18 % -0.29 GREEN yfinance:^GSPC constituents