Market Correction Risk Scorecard

Market Breadth 55.4 · 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.
13.00 % 1.42 YELLOW yfinance:11 SPDR sectors
% S&P 500 Above 200DMA
Share of S&P 500 members trading above their 200-day moving average.
69.26 % -0.60 GREEN yfinance:^GSPC constituents
RSP/SPY Ratio
Equal-weight (RSP) vs cap-weight (SPY) S&P 500. Falling ratio = narrowing leadership.
0.29 ratio 0.26 GREEN yfinance:RSP/SPY