SignalMacro

State Street Utilities Select S ($XLU) $42.73 ↓ 1.0% 2th %ile

Percentile: 2th in 90d range

XLU

$39.51

+0.38%

What changed

Percentile: 2th in 90d range

Why it matters

2nd-percentile drop signals extreme bearishness in utilities, a macro risk-off catalyst.

Sources

futures