Notes

Retrieved06:01UTC September20; job282 completed05:46UTC END16/16, latestLaxmi1049/1048/1047 andCESeptember16board8K unchanged versus04UTC. Recorded notes3866/3858; source is issuer notice index, collector one step removed. Not a new shortage or paid-spread observation. CorrectedH1FCF143 andH2need557–657 retained; no holdings, no automaticorder. https://www.laxmi.com/customer-info/

Issuer Nov20 2025 notice confirms five 2:1 splits effective Dec5 2025; retrieved Sep20. Each pre-split OHLC divided by2 once after response-specific continuity audit: [{"symbol":"XLK","split_open_ratio":0.5023109823399559,"repaired":true},{"symbol":"XLY","split_open_ratio":0.5004646840148699,"repaired":true},{"symbol":"XLB","split_open_ratio":0.5011454753722795,"repaired":true},{"symbol":"XLE","split_open_ratio":0.49911308203991134,"repaired":true},{"symbol":"XLU","split_open_ratio":0.5001167951413221,"repaired":true}] https://investors.statestreet.com/investor-news-events/press-releases/news-details/2025/State-Street-Investment-Management-Announces-Share-Splits-for-Five-Select-Sector-SPDR-ETFs/default.aspx

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLRE","date":"2026-09-18 04:00:00+00:00","n":1584,"close":42.53,"returns":{"21":-0.054678817515003364,"63":-0.021849126034958477,"126":0.030281007751937983,"252":0.04676347526458269},"score":0.0001291348666397074,"sma200":42.77705,"atr20":0.5022400000000001,"p90":0.10853497921567627,"high20":45.465,"chosen_qty":0,"rank":8,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLU","date":"2026-09-18 04:00:00+00:00","n":1584,"close":41.1,"returns":{"21":-0.06633348477964562,"63":-0.07598920863309344,"126":-0.10496515679442509,"252":0.0017060687301975186},"score":-0.06139544536924166,"sma200":44.222125,"atr20":0.6355299999999993,"p90":0.10239288498446239,"high20":43.96,"chosen_qty":0,"rank":11,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLE","date":"2026-09-18 04:00:00+00:00","n":1584,"close":64.31,"returns":{"21":0.011481597986788383,"63":0.20453268402322533,"126":0.09837745516652441,"252":0.47381689011114947},"score":0.1970521568219219,"sma200":55.314825,"atr20":1.2647249999999997,"p90":0.20627946697730823,"high20":66.17,"chosen_qty":1,"rank":2,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLB","date":"2026-09-18 04:00:00+00:00","n":1584,"close":49.99,"returns":{"21":-0.048172124904798164,"63":-0.03157690817512582,"126":0.05575501583949305,"252":0.12034961900493069},"score":0.02408890044112494,"sma200":50.173925,"atr20":0.7882599999999993,"p90":0.10243167306427377,"high20":54.19,"chosen_qty":0,"rank":5,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLI","date":"2026-09-18 04:00:00+00:00","n":1584,"close":169.75,"returns":{"21":-0.06705138774388564,"63":-0.059400454369147204,"126":0.04013480392156876,"252":0.1375820935531431},"score":0.012816263840419756,"sma200":171.1439,"atr20":2.3982499999999987,"p90":0.12087676778130486,"high20":181.24,"chosen_qty":0,"rank":6,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLF","date":"2026-09-18 04:00:00+00:00","n":1584,"close":55.86,"returns":{"21":-0.028183716075156573,"63":0.04645934807043828,"126":0.1500926497838171,"252":0.049014084507042144},"score":0.054345591571535234,"sma200":53.4515,"atr20":0.7088450000000005,"p90":0.11838838877512908,"high20":58.6,"chosen_qty":0,"rank":4,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLV","date":"2026-09-18 04:00:00+00:00","n":1584,"close":168.39,"returns":{"21":-0.04149590163934436,"63":0.13210972166196022,"126":0.1583545435784548,"252":0.24872080088987758},"score":0.12442229112273706,"sma200":155.18015000000003,"atr20":2.1654699999999965,"p90":0.10628648222527133,"high20":175.82,"chosen_qty":0,"rank":3,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLP","date":"2026-09-18 04:00:00+00:00","n":1584,"close":82.8,"returns":{"21":-0.0432170094753872,"63":0.0008461259518917075,"126":0.02285361334156888,"252":0.060586653003714686},"score":0.010267345705447017,"sma200":82.96825000000001,"atr20":0.89176,"p90":0.07653027888248405,"high20":87.465,"chosen_qty":0,"rank":7,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLY","date":"2026-09-18 04:00:00+00:00","n":1584,"close":111.03,"returns":{"21":-0.06374905135340247,"63":-0.050457538698366555,"126":0.016199890170236042,"252":-0.07363063701973216},"score":-0.04290933422531629,"sma200":116.57710000000002,"atr20":1.5072499999999984,"p90":0.14896551962962673,"high20":118.79,"chosen_qty":0,"rank":10,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLC","date":"2026-09-18 04:00:00+00:00","n":1584,"close":110.81,"returns":{"21":-0.0045813869924541395,"63":0.01502244206283776,"126":-0.014934660858742954,"252":-0.055730720068172035},"score":-0.015056081464132842,"sma200":113.62755000000001,"atr20":1.607,"p90":0.13790962490769748,"high20":115.26,"chosen_qty":0,"rank":9,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"XLK","date":"2026-09-18 04:00:00+00:00","n":1584,"close":189.6,"returns":{"21":0.032454802875190536,"63":-0.008420061712253624,"126":0.3730175972192047,"252":0.40439242991000324},"score":0.2003611920730362,"sma200":162.235625,"atr20":3.1444999999999963,"p90":0.18362192237650138,"high20":189.81,"chosen_qty":0,"rank":1,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"TLT","date":"2026-09-18 04:00:00+00:00","n":1584,"close":81.25,"returns":{"21":-0.017533252720677184,"63":-0.05258861940298509,"126":-0.04959644402854124,"252":-0.05709643727515379},"score":-0.05709643727515379,"sma200":84.36059999999999,"atr20":0.6628700000000016,"p90":0.06150557763249668,"high20":83.28,"chosen_qty":0,"rank":7,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"GLD","date":"2026-09-18 04:00:00+00:00","n":1584,"close":401.17,"returns":{"21":-0.03061569688768595,"63":0.03629365571399057,"126":-0.05919185760183865,"252":0.1905214114016085},"score":0.1905214114016085,"sma200":416.22065,"atr20":7.923445000000004,"p90":0.16781703911009302,"high20":429.42,"chosen_qty":0,"rank":4,"above":false} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"EEM","date":"2026-09-18 04:00:00+00:00","n":1584,"close":67.03,"returns":{"21":0.013916200272273471,"63":-0.05311484672976419,"126":0.16939986043265876,"252":0.28311638591117916},"score":0.28311638591117916,"sma200":62.091550000000005,"atr20":0.9432499999999997,"p90":0.10717963493264468,"high20":69.125,"chosen_qty":1,"rank":1,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"EFA","date":"2026-09-18 04:00:00+00:00","n":1584,"close":104.97,"returns":{"21":-0.02498606724874608,"63":0.005363470931903036,"126":0.10471479688486629,"252":0.16737099644128106},"score":0.16737099644128106,"sma200":101.03105,"atr20":1.0289949999999997,"p90":0.09630282889112697,"high20":108.83,"chosen_qty":0,"rank":6,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"IWM","date":"2026-09-18 04:00:00+00:00","n":1584,"close":284.1,"returns":{"21":-0.055926627454889744,"63":-0.03636116952716906,"126":0.15300324675324672,"252":0.20131929468476484},"score":0.20131929468476484,"sma200":273.51065,"atr20":3.2170000000000045,"p90":0.12821050854556687,"high20":299.61,"chosen_qty":0,"rank":3,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"QQQ","date":"2026-09-18 04:00:00+00:00","n":1584,"close":721.45,"returns":{"21":0.007499162104792845,"63":-0.02481718279017575,"126":0.21944829451337022,"252":0.2286901578759135},"score":0.2286901578759135,"sma200":661.77265,"atr20":8.27367999999999,"p90":0.1616958533244174,"high20":724.125,"chosen_qty":0,"rank":2,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved Sep20 06UTC; SIP adjustment=all, 1584 bars Jun2020–Sep18 2026. Response-specific known Dec5 2025 split repair where applicable; returns are adjusted-price total-return proxy. {"symbol":"SPY","date":"2026-09-18 04:00:00+00:00","n":1584,"close":761.69,"returns":{"21":-0.007130194483549568,"63":0.022553665641906973,"126":0.1634894449026978,"252":0.17127216250711208},"score":0.17127216250711208,"sma200":712.4730999999999,"atr20":6.002450000000005,"p90":0.10841930825440019,"high20":773.38,"chosen_qty":0,"rank":5,"above":true} https://runway.adityaperswal.workers.dev/data/stock-bars

[{"symbol":"EEM","size":93.33,"stop":65.1435,"target":74.21425092953517,"p90":0.10717963493264468,"rr":3.8082432703605487,"stress":25.913232637416957},{"symbol":"QQQ","size":93.33,"stop":704.90264,"target":838.105473380901,"p90":0.1616958533244174,"rr":7.049793645687354,"stress":22.608077650841185},{"symbol":"IWM","size":93.33,"stop":277.666,"target":320.5246054777956,"p90":0.12821050854556687,"rr":5.661269113738809,"stress":27.921384363225883}] Equity1000/fund280; gs retained from previous recorded sizing, not newly estimated maxima. Not filled; actualentry refresh required. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

{"XLK":{"pre2026_gap_q01_pct":-2.5947445082801974,"test_breaches":2,"test_n":179,"test_breach_rate_pct":1.1173184357541899},"XLE":{"pre2026_gap_q01_pct":-3.1902366689284984,"test_breaches":4,"test_n":179,"test_breach_rate_pct":2.2346368715083798},"XLV":{"pre2026_gap_q01_pct":-1.3698510638297818,"test_breaches":3,"test_n":179,"test_breach_rate_pct":1.675977653631285}} Split boundary ratios {"XLK":0.5023109823399559,"XLY":0.5004646840148699,"XLB":0.5011454753722795,"XLE":0.49911308203991134,"XLU":0.5001167951413221}; thresholds from pre2026 only, current basket selected retrospectively, not untouched OOS. https://runway.adityaperswal.workers.dev/data/stock-bars

{"sample":"2026","block":20,"paths":10000,"sessions":60,"source_days":179,"stop_pct":{"XLK":74.61,"XLE":40.92,"XLV":61.62},"target_pct":{"XLK":20.599999999999998,"XLE":39.15,"XLV":22.78},"basket_pnl_mean":9.54418350896238,"basket_pnl_p05":-8.96600345322601,"basket_pnl_p50":12.046889085955724,"basket_pnl_p95":24.149559502128156,"basket_loss_pct":19.759999999999998}; Static current brackets; stop first on same-day dual touch; opening gap stop at worse open; no ratchet, monthly rerank or 15min checks; adjusted OHLC not executable prices; chosen current basket selection bias; 6bp per side costs assumed; no calibrated odds or Kelly sizing. https://runway.adityaperswal.workers.dev/data/stock-bars

{"sample":"2026","block":5,"paths":10000,"sessions":60,"source_days":179,"stop_pct":{"XLK":67.35,"XLE":45.17,"XLV":66.19},"target_pct":{"XLK":24.43,"XLE":33.52,"XLV":20.5},"basket_pnl_mean":9.290633413263526,"basket_pnl_p05":-9.01468948723585,"basket_pnl_p50":9.96330738116914,"basket_pnl_p95":27.89857728178414,"basket_loss_pct":20.19}; Static current brackets; stop first on same-day dual touch; opening gap stop at worse open; no ratchet, monthly rerank or 15min checks; adjusted OHLC not executable prices; chosen current basket selection bias; 6bp per side costs assumed; no calibrated odds or Kelly sizing. https://runway.adityaperswal.workers.dev/data/stock-bars

{"sample":"2026","block":1,"paths":10000,"sessions":60,"source_days":179,"stop_pct":{"XLK":66.3,"XLE":45.35,"XLV":65.18},"target_pct":{"XLK":26.169999999999998,"XLE":32.97,"XLV":23.43},"basket_pnl_mean":9.63223879086515,"basket_pnl_p05":-9.245271864495813,"basket_pnl_p50":9.96330738116914,"basket_pnl_p95":31.24800934504388,"basket_loss_pct":22.720000000000002}; Static current brackets; stop first on same-day dual touch; opening gap stop at worse open; no ratchet, monthly rerank or 15min checks; adjusted OHLC not executable prices; chosen current basket selection bias; 6bp per side costs assumed; no calibrated odds or Kelly sizing. https://runway.adityaperswal.workers.dev/data/stock-bars