🚛 QM Trades: Early Signs of Weakness in US Transports (XTN)
Relative Setup Shows Cracks Emerging vs. S&P 500
The US Transport sector (XTN) is starting to show early signs of negative momentum relative to the S&P 500. While the absolute setup in XTN has not yet triggered outright negatives, the relative performance chart and underlying breadth suggest transports may be entering a weakening phase in the short-to-medium term.
