Compare SPX vs XLP:SPX ratio 3 - Chart Linkas
commented on weekend, there was already a divergence in this with
the SPX but last week the ratio nosedived, so that made for a big
warning, down again today
y XLP - Chart Linkflagging up here near the
highs, the reason the ratio trends to work is because XLP tends to
be more of a defensive sector
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
XLP and SPX/XLP ratio
Posted by matt on 20th of Jan 2026 at 12:16 pm
Compare SPX vs XLP:SPX ratio 3 - Chart Linkas commented on weekend, there was already a divergence in this with the SPX but last week the ratio nosedived, so that made for a big warning, down again today
y XLP - Chart Linkflagging up here near the highs, the reason the ratio trends to work is because XLP tends to be more of a defensive sector