$XLP

XLP is improving slightly but remains neutral with a negative outlook; no strong bullish potential.

“The Sector Rotation Just Changed. Here’s What’s Leading”
StockCharts TVPublished Aug 24 · 2 passages

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And then we have XLP which is starting to improve. It was a neutral with a negative outlook and it remains like that. It's a short tail it's still on the left hand side. It's not moving rapidly.

It's just crossing over into the improving quadrant but not a massive move with a lot of potential.

And here is consumer staples. This is a I I don't like these charts where there's like these big moves every week up and down without some very clear movements. Um relative strength continues to hover just above support.

Momentum moved higher, but it wasn't able to drag that RS ratio line really up. It's flattening, but it's not really moving higher. So, for the time being, I'm going to keep this at a neutral negative.

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2026-08-24This one
And then we have XLP which is starting to improve. It was a neutral with a negative outlook and it remains like that. It's a short tail it's still on the left hand side. It's not moving rapidly. It's just crossing over into the improving quadrant but not a massive move with a lot of potential.
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KolSays