$466.03
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
USFL alternative · entry card
APPENDIX · SPGI · TECHNICAL TRADING SCORECARD
Scores · Trend 76.7
| RS vs S&P (20) + sector (10) | 20.0 + 10.0 = 30.0 / 30 |
| Structure (6 checks) | 16 / 30 |
| Score = (RS + structure) × 100/60 | 76.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Up |
| Trend (confirmed) | Up |
✔ Fri close above 40-wk SMA 6/6 · ✖ 40-wk SMA rising (4 wks) 0/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✖ 4-mo SMA > 13-mo SMA (completed months, to Sep) 0/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Up → 10-23 Up → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 67.1
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 22 / 25 |
| Coppock (daily) — positive but rolling over from >80th pctile | 6.2 / 25 |
| Band position | 8.8 / 20 |
| Raw | 67.1 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 67.1 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✔ 50-day SMA rising (10 d) 3/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✖ 200-day SMA rising (20 d) 0/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (SPGI close needed) |
|---|
| Trend · S&P | 1 Established Up (+) → | +10.89% | +9.73% | Est. Up ≥ 422.46 (-9.3%) · Early Up ≥ 419.37 · Est. Down < 417.14 |
| Trend · XLF | 1 Established Up (+) → | +9.74% | +6.69% | Est. Up ≥ 424.44 (-8.9%) · Est. Down < 422.18 |
| Trading · S&P | 1 Established Up (+) → | +5.88% | +3.19% | Est. Up ≥ 444.17 (-4.7%) · Est. Down < 326.22 |
| Trading · XLF | 1 Established Up (+) → | +2.42% | +0.72% | Est. Up ≥ 458.15 (-1.7%) · Est. Down < 346.37 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 466.03)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 503.80–515.98 | +8.1% to +10.7% | wk low ’25-09-05 503.80 · wk high 2024-10-18 504.53 · wk high ’25-07-11 504.63 · wk high ’25-03-07 508.56 · wk high ’25-02-14 515.98 |
| R2 | 486.86–499.53 | +4.5% to +7.2% | wk low ’25-07-25 486.86 · wk high ’25-04-04 487.14 · wk low 01-23 490.37 · wk high ’25-06-06 493.78 · wk high ’25-05-23 498.13 · wk high 2024-12-06 499.42 · wk high ’25-01-31 499.53 |
| R1 | 467.76–479.33 | +0.4% to +2.9% | wk high ’25-10-10 467.76 · wk low 2024-11-22 469.38 · wk low ’25-06-13 470.36 · 50% 475.96 · wk low 2024-10-11 477.90 · wk high ’25-11-14 478.97 · wk low ’25-05-23 479.33 |
| S1 | 448.48–462.02 | -0.9% to -3.8% | wk high 07-17 462.02 · wk low ’25-11-21 460.03 · wk low ’25-12-12 459.09 · 61.8% 459.01 · wk low 2024-12-20 457.82 · wk high 09-04 454.92 · wk low ’25-01-17 452.79 · wk low 2024-11-08 451.55 · wk low ’25-03-14 448.48 |
| S2 | 444.65–445.57 | -4.4% to -4.6% | wk low ’25-10-31 445.57 · wk low ’25-10-17 444.65 |
| S3 | 420.11–432.07 | -7.3% to -9.9% | wk high 04-24 432.07 · wk high 03-06 428.28 · wk low ’25-04-25 420.11 |
| ATH | 547.82 | +17.6% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 448.48 (-3.8%): trading downgrades one state, re-anchor to S2 444.65–445.57.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 444.65 (-4.6%): trend downgrades one state, re-anchor to S3 420.11–432.07.
- Trend vs S&P: Est. Up ≥ 422.46 (-9.3%) · above its 16-wk avg ≥ 419.37 · Est. Down < 417.14 (-10.5%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 444.17 · Est. Down < 326.22.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
PAG U.S. Focus List alternative, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-10-14 (RBC PAG "Guided Portfolio Large Cap Equity Grid", last updated October 14, 2026 (u.s._focus_list_current.pdf; Focus List names, weights and Alternatives), Gmail (sc.assistant80@gmail.com), "USFL and CFL equity grids" from stephen.k.chang@rbc.com, Oct 21, 2026 3:20 PM PT; matches the Oct 14, 2026 U.S. Focus List Change Report); Grid Alternative (Financials; no Focus List weight). Benchmarks: S&P 500 (20 pts) and XLF (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
