⚡️The Traveling Trader⚡️(@ZTheTrader):The Last Sector Standing! Tech is the only thing keeping the indices up near ATH right now (a very different story than June and July). Since their respective all time highs - Industrials: -11% Utilities: -17% Healthcare: -5% Staples: -11% Materials: -11% Financials: -9% Discretionary: -13% Real Estate: -12% Communications: -8% Energy: -5% S&P 500 Equal Weight is now down -7%, finally inverting the divergence with S&P 500, which is only down -2%. What typically happens next? Does the rest of the market rally to meet the dominant sector or will Tech finally fall too? 👉🏼

2026.10.01 19:01

The Last Sector Standing! Tech is the only thing keeping the indices up near ATH right now (a very different story than June and July). Since their respective all time highs - Industrials: -11% Utilities: -17% Healthcare: -5% Staples: -11% Materials: -11% Financials: -9% Discretionary: -13% Real Estate: -12% Communications: -8% Energy: -5% S&P 500 Equal Weight is now down -7%, finally inverting the divergence with S&P 500, which is only down -2%. What typically happens next? Does the rest of the market rally to meet the dominant sector or will Tech finally fall too? 👉🏼