The rotation no one's watching is starting in staples. The market chased AI and growth for 2 straight months while defensive and cyclical names sat the rally out. Here's a daily relative rotation graph showing just that:
Now they're quietly catching a bid. Today's standout is one of the most globally diversified staples names in the market:
Unilever PLC $UL is currently exhibiting a Squeeze Score of 93.9.
Here’s what the chart looks like:
Unilever is carving out a tactical reversal base after a prolonged decline.
Volatility on the Strazza Indicator has compressed into a tight range, signaling momentum's been reset for the next directional move.
A breakout above the recent highs AVWAP could spark a sharp wave higher, especially if we get rotation out of technology and into defensive groups.
