Regime Desk

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

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Energy · XLE

lagging · RS ratio 95.7 · RS momentum 95.1 · 20d RS vs SPY -0.17% · last 61.68 · 2026-11-05

Versus the S&P

No residual setup. Beta -0.92. Residual z -1.81. 20-day residual -0.53%. mid-range on the relative chart. 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 +1.0%. Price geometry only. Not an edge claim.

RS trail

  • 2026-10-29 · ratio 103.1 · mom 103.6
  • 2026-10-30 · ratio 106.3 · mom 103.6
  • 2026-11-02 · ratio 102.2 · mom 101.1
  • 2026-11-03 · ratio 100.6 · mom 100.0
  • 2026-11-04 · ratio 94.2 · mom 94.0