Jan. 25 at 5:23 PM
In equities, 3-month momentum stays broadly positive but decelerates across our tracked names.
$SLYV led with 7.8% 3-month momentum;
$EFA held at 7.1% and gained new tailwinds.
$SLYG fell sharply, momentum down -3.2 pts WoW;
$IWF turned negative at -1.8%, hinting at early exhaustion.
Momentum structure narrows: 2 ETFs (
$EFA,
$SDY) accelerate, 1 (
$SLYG) fatigues; 16/17 ETFs still positive.
Market is in transition.