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How healthy the market's uptrend is, on a 0 to 100 scale, from sector and SPY trend, new highs, small caps and late-cycle rotation.
Out of 100; the components add up to it
5/11 sectors above 200d SMA
SPY +0.7% from 200d SMA
SPY -3.0% from 52-week high
IWM below 200d SMA, RS: -3.8%
Cyclical-Defensive spread: -4.5%