Regime Desk

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

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Technology · XLK

lagging · RS ratio 91.5 · RS momentum 92.8 · 20d RS vs SPY -12.65% · last 162.31 · 2026-11-05

Versus the S&P

No residual setup. Beta 1.8. Residual z -2.22. 20-day residual -10.46%. 20-day relative low. 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 -14.9%. Price geometry only. Not an edge claim.

RS trail

  • 2026-10-29 · ratio 98.6 · mom 100.1
  • 2026-10-30 · ratio 95.9 · mom 98.8
  • 2026-11-02 · ratio 94.1 · mom 95.5
  • 2026-11-03 · ratio 95.5 · mom 97.0
  • 2026-11-04 · ratio 94.5 · mom 94.4