Emerging Opportunities

Bull and bear transitions, breakouts, moving-average crosses and sector and region rotation.

Weekly snapshot · data as of (week 43) · 100 assets across 10 investment categories.

Sector and region rotation (relative strength vs relative momentum, 100 = in line)
Sector or regionQuadrantRS ratioRS momentumDirection
Brazil (EWZ)Leading116.86114.24Bullish
US Energy (XLE)Leading113.81113.17Bullish
US Utilities (XLU)Improving88.82107.06Bullish
US Industrials (XLI)Lagging87.5898.66Bearish
US Health Care (XLV)Leading107.44107.16Bullish
US Real Estate (XLRE)Improving90.97102.78Bullish
US Consumer Staples (XLP)Leading102.96108.43Bullish
China Large-Cap (FXI)Lagging91.9596.61Bearish
Emerging Markets (EEM)Lagging95.3293.53Bearish
Russell 2000 (IWM)Lagging92.3399.4Bearish
US Communication Services (XLC)Lagging97.394.59Bearish
US Technology (XLK)Weakening100.1494.83Bearish
India (INDA)Lagging94.9699.08Bearish
US Financials (XLF)Improving97.22104.23Bullish
Europe (VGK)Improving95.82100.4Bullish
US Materials (XLB)Improving99.06103.77Bullish
United Kingdom (EWU)Improving99.25103.57Bullish
US Consumer Discretionary (XLY)Leading100.76102.91Bullish
Nasdaq 100 (QQQ)Weakening100.3897.28Bearish
Developed ex-US (EFA)Improving97.51100.27Bullish
Japan (EWJ)Weakening101.2499.14Bearish

Trend breaks, breakouts and moving-average crosses

  • Bearish (emerging, strength 90): Corn Futures breaks below its 200-day average
  • Bearish (emerging, strength 88): Wheat Futures breaks below its 200-day average
  • Bearish (confirmed, strength 88): Henry Hub Natural Gas Futures breaks below its 200-day average
  • Bearish (emerging, strength 86): HSBC breaks below its 200-day average
  • Bearish (emerging, strength 85): Cardano breaks below its 200-day average
  • Bullish (confirmed, strength 85): Shell breaks out near its 52-week high
  • Bullish (confirmed, strength 85): ExxonMobil breaks out near its 52-week high
  • Bullish (confirmed, strength 83): Visa breaks out near its 52-week high
  • Bearish (emerging, strength 78): Alphabet breaks below its 200-day average
  • Bullish (confirmed, strength 78): Berkshire Hathaway breaks out near its 52-week high
  • Bullish (confirmed, strength 78): Simon Property Group reclaims its 200-day average
  • Bullish (confirmed, strength 77): US Energy (XLE) breaks out near its 52-week high
  • Bearish (emerging, strength 73): Developed ex-US (EFA) breaks below its 200-day average
  • Bearish (emerging, strength 73): Europe (VGK) breaks below its 200-day average
  • Bearish (confirmed, strength 73): EUR/GBP breaks down near its 52-week low
  • Bullish (confirmed, strength 72): US Materials (XLB) reclaims its 200-day average
  • Bearish (confirmed, strength 72): US Communication Services (XLC) breaks down near its 52-week low
  • Bearish (confirmed, strength 72): Euro FX Futures breaks down near its 52-week low
  • Bearish (confirmed, strength 72): EUR/USD breaks down near its 52-week low
  • Bullish (confirmed, strength 71): US Health Care (XLV) breaks out near its 52-week high
  • Bearish (confirmed, strength 70): JPMorgan Equity Premium Income (JEPI) breaks below its 200-day average
  • Bearish (emerging, strength 69): Meta Platforms slips below its 50-day average
  • Bullish (confirmed, strength 67): Apple breaks out near its 52-week high
  • Bearish (watch, strength 65): Dogecoin: death cross watch
  • Bearish (emerging, strength 64): Avalanche slips below its 50-day average
  • Bearish (emerging, strength 60): E-mini Nasdaq-100 Futures slips below its 50-day average
  • Bullish (watch, strength 58): American Tower: golden cross watch
  • Bearish (emerging, strength 57): US Communication Services (XLC) slips below its 50-day average
  • Bullish (emerging, strength 56): US TIPS (TIP) moves back above its 50-day average
  • Bearish (emerging, strength 56): USD/CAD slips below its 50-day average
  • Bearish (watch, strength 53): Alphabet: death cross watch
  • Bearish (emerging, strength 52): S&P 500 (SPY) slips below its 50-day average
  • Bearish (emerging, strength 51): United Kingdom (EWU) slips below its 50-day average
  • Bearish (emerging, strength 51): US Consumer Discretionary (XLY) slips below its 50-day average
  • Bearish (emerging, strength 51): E-mini S&P 500 Futures slips below its 50-day average
  • Bearish (watch, strength 51): USD/CAD: death cross watch
  • Bearish (emerging, strength 51): USD/JPY slips below its 50-day average
  • Bearish (watch, strength 50): AUD/USD: death cross watch
  • Bullish (emerging, strength 50): US 1-3Y Treasuries (SHY) moves back above its 50-day average
  • Bullish (emerging, strength 50): US 20Y+ Treasuries (TLT) moves back above its 50-day average
  • Bearish (watch, strength 48): Europe (VGK): death cross watch
  • Bearish (watch, strength 47): iShares 40/60 Moderate (AOM): death cross watch
  • Bearish (watch, strength 45): US 7-10Y Treasuries (IEF): relief rally within a downtrend
  • Bullish (watch, strength 45): US 1-3Y Treasuries (SHY): golden cross watch

Source: Sonsero Markets weekly snapshot 2026-10-25 (market data from TradingView). Scores and regimes are rules-based descriptions of market conditions, not investment advice. Past performance and backtests do not guarantee future results.