Market Correction Risk Scorecard

Market Breadth 61.8 · 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.
13.91 % 1.59 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 0.92 YELLOW yfinance:RSP/SPY
% S&P 500 Above 200DMA
Share of S&P 500 members trading above their 200-day moving average.
57.68 % -0.16 GREEN yfinance:^GSPC constituents