Regime Desk

Observation only. Price-rule snapshot as of 2026-11-05. No edge claimed. Not investment advice.

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Materials · XLB

leading · RS ratio 106.2 · RS momentum 105.5 · 20d RS vs SPY +11.50% · last 52.33 · 2026-11-05

Versus the S&P

No residual setup. Beta 0.38. Residual z 1.42. 20-day residual +10.17%. 20-day relative high. Residual is stretched, but it is not stretched against its own residual trend. No call.

residual-fade-v0. Not a proven edge.

Last 60 closes

Window change +0.0%. Price geometry only. Not an edge claim.

RS trail

  • 2026-10-29 · ratio 104.2 · mom 104.2
  • 2026-10-30 · ratio 106.0 · mom 104.6
  • 2026-11-02 · ratio 107.8 · mom 107.3
  • 2026-11-03 · ratio 104.9 · mom 104.7
  • 2026-11-04 · ratio 105.2 · mom 105.9