Edge S2 — Weekend Report

Morning Brief

Dr Ken Long

Owl Group Trading

Three things that matter this week:

1. Sector divergence: 11 ETFs moving opposite to SPY

SPY is down -1.28% this week, but these sectors diverge: XLE, XLB, EWJ, XLP, EEM. Divergence may indicate rotation or sector-specific catalysts.

2. Leadership changed in ETF13: -> ILF, EWJ, EEM

New leaders: ILF, EWJ, EEM.

3. Leadership changed in ETF200: -> XES, XME, EWW, XLE, XLB

New leaders: XES, XME, EWW, XLE, XLB.

Watch for: No major inflection signals detected. Continue monitoring portfolio signals for emerging trends..

Editorial slot: Dr. Long's market commentary will appear here when available.

🌻 MACD Season Garden (symbol, MACD Z)

Stocks

🌱

spring (7)

MSFT, -1.84 BA, -1.64 UNH, -1.40 ORCL, -1.32 NKE, -0.86 JPM, 0.27 TSLA, -0.19

☀️

summer (9)

MMM, 2.13 WMT, 2.09 CAT, 2.07 MRK, 1.91 MCD, 1.82 PG, 1.71 KO, 1.61 PFE, 1.56 JNJ, 1.48

❄️

winter (8)

AMZN, -2.75 GOOG, -2.51 AMD, -1.92 GS, -1.86 NVDA, -1.55 PLTR, -1.47 DIS, -1.36 AXP, -0.51

🍂

fall (6)

AAPL, 1.81 CSCO, 1.51 XOM, 1.39 CVX, 1.09 INTC, -0.81 HD, -0.03

ETFs

🌱

spring (1)

XLV, -0.86

☀️

summer (14)

XLU, 2.35 EWJ, 1.99 TLT, 1.83 XLI, 1.56 XLP, 1.53 XLB, 1.43 EFA, 1.40 XLE, 1.39 IYR, 1.34 EPP, 1.13 EWW, 0.96 EEM, -0.87 GLD, -0.67 MDY, -0.08

❄️

winter (6)

QQQ, -2.90 SPY, -2.63 XLK, -2.50 XLY, -2.46 SLV, -2.38 XME, -2.03

🍂

fall (7)

IEV, -1.57 IWM, -1.34 XOP, -0.54 EWZ, 0.52 USO, 0.49 DIA, -0.48 ILF, 0.35

📊 ETF13 Portfolio

Rank	Symbol	Price	Signal	1wk%	Blend%	Chg
1	ILF	$36.26	BUY	+0.6%	+25.2%	—
2	EWJ	$93.85	BUY	+5.0%	+15.2%	—
3	EEM	$61.12	BUY	+1.8%	+14.1%	—
4	EFA	$104.24	BUY	+1.6%	+11.4%	—
5	IWM	$262.96	BUY	-0.8%	+11.3%	—
6	MDY	$650.66	BUY	-0.7%	+10.5%	—
7	EWA	$29.16	BUY	+3.3%	+9.0%	—
8	EPP	$55.31	BUY	+1.8%	+7.5%	—
9	DIA	$495.28	BUY	-1.1%	+7.0%	—
10	IYR	$100.22	BUY	+2.6%	+4.9%	—
11	SPY	$681.75	BUY	-1.3%	+2.4%	—
12	TLT	$89.72	BUY	+2.5%	+0.8%	—
13	QQQ	$601.92	CASH	-1.3%	-0.7%	—

📊 ETF22 Portfolio

Rank	Symbol	Price	Signal	1wk%	Blend%	Chg
1	ILF	$36.26	BUY	+0.6%	+25.2%	—
2	XLE	$54.35	BUY	+2.1%	+22.9%	—
3	XLB	$53.31	BUY	+3.5%	+22.5%	—
4	EWJ	$93.85	BUY	+5.0%	+15.2%	—
5	XLP	$89.51	BUY	+1.8%	+14.6%	—
6	EEM	$61.12	BUY	+1.8%	+14.1%	—
7	XLI	$174.17	BUY	+0.6%	+13.7%	—
8	XLV	$157.67	BUY	-0.0%	+11.6%	—
9	EFA	$104.24	BUY	+1.6%	+11.4%	—
10	IWM	$262.96	BUY	-0.8%	+11.3%	—
11	MDY	$650.66	BUY	-0.7%	+10.5%	—
12	EWA	$29.16	BUY	+3.3%	+9.0%	—
13	EPP	$55.31	BUY	+1.8%	+7.5%	—
14	DIA	$495.28	BUY	-1.1%	+7.0%	—
15	IYR	$100.22	BUY	+2.6%	+4.9%	—
16	XLU	$46.50	BUY	+7.3%	+4.8%	—
17	SPY	$681.75	BUY	-1.3%	+2.4%	—
18	TLT	$89.72	BUY	+2.5%	+0.8%	—
19	QQQ	$601.92	CASH	-1.3%	-0.7%	—
20	XLY	$116.18	CASH	-1.5%	-0.7%	—
21	XLF	$51.65	CASH	-4.8%	-1.6%	—
22	XLK	$139.56	CASH	-1.1%	-2.1%	—

📖 Concept Guide

Market Mosaic

📊 MarketDr. Long's Daily Report Framework

Market Classification

📊 MarketDr. Long's Daily Report Framework

Condition Lenses

📊 MarketDr. Long's Daily Report Framework

📊 Risk Z

📊 MarketFoundations Module 4 + Weekend Report Jan 31, 2026

Multi-Timeframe NDX

📊 MarketDr. Long's Daily Report Framework

Gap Statistics

📊 MarketDr. Long's Daily Report Framework

🍃 MACD 4 Seasons

⚙️ SystemFoundations Module 8: MACD Analysis + Daily Report Mar 12, 2026

Min/Max Pain Extremes

📊 MarketDr. Long's Daily Report Framework

ETF2 Exposure Model

📊 MarketFoundations Module 4: Risk Management

ETF22 Universe

📊 MarketFoundations Module 3: ETF22 Rankings

VIX (Volatility Index)

📊 MarketFoundations Module 2: Reading Market Conditions

Critical State

📊 MarketWeekend Report Narration, Jan 31 2026

International Rotation

📊 MarketWeekend Report Narration, Jan 31 2026

World Market Model (STR/CON/QUAL)

📊 MarketWeekend Report Narration, Jan 31 2026

Frog Trading Value

⚙️ SystemFoundations Module 7: Frog Trading

RLFF (Regression Line Fractal Framework)

⚙️ SystemWeekend Report Narration, Jan 31 2026

Signal to Noise Ratio

⚙️ SystemWeekend Report Narration, Jan 31 2026

Overreaction & Channeling Systems

⚙️ SystemWeekend Report Narration, Jan 31 2026

🐉 The Dragon