Highlights
- Leadership remains firmly intact, with Semis and IT Hardware now ranked #1 and #2 out of 28 MOTR Groups and no meaningful deterioration in trend structure.
- Energy remains the top-ranked sector despite extreme short-term weakness, creating bounce potential while warranting disciplined risk management on new positions.
- Consumer Discretionary overtakes Consumer Staples, reinforcing the view that cyclical leadership remains in control and the market's speculative advance may not be over.
