Elena Nikulina

Chris Ciovacco: XLC remains weak despite gains since October 2023

Chris Ciovacco: XLC remains weak despite gains since October 2023
XLC still up despite recent weakness

Chris Ciovacco highlights that XLC has been showing weakness and continues to appear vulnerable.

Despite this, the sector remains up more than 70% from its October 2023 low and over 25% from its April 2025 low.

Ciovacco previously noted that the S&P 500 gained an average of 17.8% one year after all seven past signal triggers, according to historical performance data. He has also examined whether a new Federal Reserve chair could negatively impact U.S. stock market returns, as discussed in a separate analysis. These insights provide context for his latest observations on XLC.

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