Edge S2 — Weekend Report

Morning Brief

Dr Ken Long

Owl Group Trading

Three things that matter this week:

1. Sector divergence: 1 ETFs moving opposite to SPY

SPY is down -2.07% this week, but these sectors diverge: XLE. Divergence may indicate rotation or sector-specific catalysts.

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

New leaders: ILF, EEM, EWA.

3. Leadership changed in ETF200: -> XES, XOP, XLE, XBI, XME

New leaders: XES, XOP, XLE, XBI, XME.

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 (9)

GS, -1.35 AMD, 1.32 JPM, -1.24 PFE, -1.10 GOOG, 0.93 DIS, -0.91 CSCO, -0.73 AXP, -0.48 INTC, 0.09

☀️

summer (2)

XOM, -0.72 CVX, 0.01

❄️

winter (16)

MCD, -2.30 BA, -2.15 PG, -1.93 HD, -1.82 MMM, -1.78 NKE, -1.76 JNJ, -1.74 KO, -1.71 MRK, -1.67 AAPL, -1.59 CAT, -1.58 NVDA, -1.55 WMT, -1.38 MSFT, 1.03 TSLA, -0.87 UNH, 0.70

🍂

fall (3)

AMZN, 1.25 ORCL, 1.22 PLTR, 1.19

ETFs

🌱

spring (1)

XLF, -1.67

☀️

summer (2)

USO, 1.87 XLE, -1.10

❄️

winter (25)

GLD, -2.64 SPY, -2.46 IYR, -2.39 XLV, -2.34 XLI, -2.11 TLT, -2.10 IWM, -2.04 MDY, -2.01 DIA, -1.88 XLB, -1.88 EPP, -1.85 XOP, -1.84 XLP, -1.83 IEV, -1.79 EFA, -1.78 XLU, -1.76 EWJ, -1.67 EEM, -1.67 EWW, -1.63 XLY, -1.54 EWZ, -1.47 XME, -1.46 ILF, -1.39 QQQ, -0.43 SLV, -0.06

🍂

fall (0)

—

📊 ETF13 Portfolio

Rank	Symbol	Price	Signal	1wk%	Blend%	Chg
1	ILF	$32.59	CASH	-1.7%	+7.3%	—
2	EEM	$55.64	CASH	-2.0%	+3.9%	—
3	EWA	$27.30	CASH	-2.4%	+2.2%	—
4	EPP	$52.04	CASH	-1.8%	+0.9%	—
5	MDY	$601.47	CASH	-1.6%	-1.5%	—
6	EFA	$93.59	CASH	-2.8%	-2.5%	—
7	IWM	$242.22	CASH	-1.8%	-2.5%	—
8	IYR	$93.45	CASH	-4.2%	-2.7%	—
9	TLT	$85.83	CASH	-0.8%	-2.8%	—
10	EWJ	$81.20	CASH	-2.6%	-3.1%	—
11	QQQ	$582.06	CASH	-2.0%	-3.4%	—
12	SPY	$648.57	CASH	-2.1%	-3.7%	—
13	DIA	$455.89	CASH	-2.3%	-4.6%	—

📊 ETF22 Portfolio

Rank	Symbol	Price	Signal	1wk%	Blend%	Chg
1	XLE	$59.31	BUY	+2.8%	+31.8%	—
2	ILF	$32.59	CASH	-1.7%	+7.3%	—
3	EEM	$55.64	CASH	-2.0%	+3.9%	—
4	XLI	$161.67	CASH	-1.8%	+3.8%	—
5	XLU	$44.65	BUY	-4.9%	+3.8%	—
6	XLB	$46.98	CASH	-4.5%	+3.3%	—
7	EWA	$27.30	CASH	-2.4%	+2.2%	—
8	XLP	$81.29	CASH	-4.1%	+1.7%	—
9	EPP	$52.04	CASH	-1.8%	+0.9%	—
10	MDY	$601.47	CASH	-1.6%	-1.5%	—
11	EFA	$93.59	CASH	-2.8%	-2.5%	—
12	IWM	$242.22	CASH	-1.8%	-2.5%	—
13	IYR	$93.45	CASH	-4.2%	-2.7%	—
14	TLT	$85.83	CASH	-0.8%	-2.8%	—
15	EWJ	$81.20	CASH	-2.6%	-3.1%	—
16	QQQ	$582.06	CASH	-2.0%	-3.4%	—
17	XLK	$135.29	CASH	-1.1%	-3.5%	—
18	XLV	$145.33	CASH	-3.0%	-3.6%	—
19	SPY	$648.57	CASH	-2.1%	-3.7%	—
20	DIA	$455.89	CASH	-2.3%	-4.6%	—
21	XLF	$49.08	CASH	+0.4%	-10.3%	—
22	XLY	$107.74	CASH	-2.8%	-10.8%	—

📖 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