State Street Health Care Select
Investment Thesis
XLV's RSI collapsed to 16.42 — a historic panic extreme — while the SPX put/call ratio spiked to 1.21, signaling capitulation-level fear. The XLV/SPY relative strength ratio is holding above its 200-day SMA, suggesting the longer-term structure remains intact and a mean-reversion bounce toward $150–154 is a higher-probability outcome than continued free-fall.
Why It May Work
Why It May Not Work
Timeline
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