Wednesday, February 4, 2026

Power Plays In ETFs: Bullish Signals Dominating February 4, 2026

Power Plays in ETFs: Bullish Signals Dominating February 4, 2026

Power Plays in ETFs: Bullish Signals Dominating February 4, 2026

Disclaimer: The analyses provided in this blog are for informational purposes only and do not constitute financial advice. I am not a professional financial advisor. Readers should conduct their own research and consult with qualified professionals before making investment decisions.

Overall Market Insights

The technical analysis for February 4, 2026, indicates a bullish sentiment across several key ETFs, particularly in longer-term horizons of 15-30 days. Broad market ETFs like DIA, QQQ, and SPY show strong buy signals, supported by positive MACD crossovers, RSI levels above 60, and upward SMA trends. Sector strength is notable in financials (despite a short-term sell), healthcare, real estate, and energy exploration. Bonds (BND) remain stable with mild buys, reflecting low volatility amid potential rate adjustments.

Highlights of Bullish/Bearish Signals

Bullish signals dominate, with strong buys in DIA (20 days), IJH (15, 25 days), KBE (20, 30 days), QQQ (15, 20, 30 days), SPY (25 days), URTY (20 days), XBI (30 days), XHB (15 days), XHS (20 days), XLRE (20 days), XLU (15 days), XLV (10 days), XOP (15, 30 days), and XRT (25 days). The sole strong bearish signal is in XLF (20 days), possibly due to overbought conditions indicated by high RSI and Parabolic SAR reversals.

Comparisons to Prior Data

Compared to February 3, signals show minor shifts: SPY's strong buy moved from 10 and 25 days to 25 days only, while XLV added a strong buy at 10 days. XHB introduced a weak sell at 5 days, contrasting its previous buy. From late January (e.g., January 31), bullish signals have strengthened in biotech (XBI) and retail (XRT), aligning with improving MFI and Stochastic indicators, suggesting sustained momentum from mid-January.

Explanations Tied to Technical Indicators

Buy signals are driven by bullish APO trends, positive DMI, MACD bullish crossovers, and RSI recoveries from oversold levels. Strong buys (BUY) reflect alignment across multiple indicators with high back-test accuracy (>80%). Sells indicate overbought RSI (>70), bearish Ultimate Oscillator, or SMA downtrends. Neutrals arise from inconclusive Time Series Forecasts or Stochastic readings.

Consensus Signal Table

ETF5 Days10 Days15 Days20 Days25 Days30 Days
BNDbuybuy
DIAbuyBUYbuy
GLD
IJHbuyBUYBUYbuy
IWMbuy
JNKbuybuybuybuy
KBEbuyBUYbuyBUY
QQQBUYBUYBUY
SPYbuyBUY
TQQQ
UPRObuybuybuy
URTYBUY
XBIbuybuyBUY
XES
XHBsellBUYbuybuybuy
XHSBUY
XLB
XLE
XLFSELL
XLIbuy
XLK
XLP
XLREbuyBUYbuy
XLUBUY
XLVBUYbuy
XLY
XME
XOPbuybuyBUYBUY
XRTsellbuyBUY

Strong Consensus Trends and External Confirmations

DIA (Strong Buy at 20 days)

IJH (Strong Buy at 15, 25 days)

KBE (Strong Buy at 20, 30 days)

QQQ (Strong Buy at 15, 20, 30 days)

SPY (Strong Buy at 25 days)

URTY (Strong Buy at 20 days)

XBI (Strong Buy at 30 days)

XHB (Strong Buy at 15 days)

XHS (Strong Buy at 20 days)

XLRE (Strong Buy at 20 days)

XLU (Strong Buy at 15 days)

XLV (Strong Buy at 10 days)

XOP (Strong Buy at 15, 30 days)

XRT (Strong Buy at 25 days)

XLF (Strong Sell at 20 days)

Posted by Joe McVerry (@joe_mcverry) on X on February 4, 2026.

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