Sector Round-Up: May 29th, 2026

Fri, 29 May 2026 14:35:36 -0400

Sector Review Summary

Happy Friday everyone! Welcome to the Friday VIX room sector review. This week, we are combining our weekly VIX sector video with the bi-weekly Sector Review, providing a more dynamic analysis of various sectors rather than just presenting static images and text.

Overview of Today's Discussion

This review involves a deeper analysis of potential setups in sectors, as well as metals and TLT. The goal is to assist members by visualizing where we are and what could happen next.

Highlights from the Review

New setup on XLU with June 18 calls being examined.
Trading strategies involve buying calls or puts based on Elliott Wave and Fibonacci Pinball setups.
Discussion on potential bullish or bearish trends across various sectors, especially XLF, XLU, and gold.
Important focus on price movement indicators such as RSI and MACD to assess market conditions.

Key Takeaways

As we zoom into specific sectors:

XLU is showing potential for bullish setup at current support level.
Gold is being monitored for possible buy signals based on Elliott Wave analysis.
XLB, XBI, XLE, XLC, and XLRE show signs of uncertainty with possible diagonal patterns, causing mixed signals for traders.
Rotation into regional banks is being observed, with a possibility for selective bullish trend to emerge.
XLF is expected to complete an ending diagonal into a low that could provide a strong reversal trade.

Conclusion

Members are encouraged to ask questions or provide insights as we navigate this complex market. Remember to manage risks carefully, especially in sectors that display significant overlapping and ambiguous patterns.

For those not in the VIX room, there's still an opportunity to join and participate in these discussions and the trades we present. Have a great weekend!

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