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This Defensive Sector is Breaking Out

Ross Givens
Ross GivensRoss Givens is a veteran trader with over 15 years of experi...
October 20, 2026|3 min read
A bold upward-breaking stock chart line bursts through a horizontal resistance barrier, rendered in clean whites and blues against a dark background. In the foreground or background, subtle healthcare imagery — such as a medical cross symbol or a stethoscope — reinforces the sector identity. The overall composition conveys momentum and breakthrough energy, with the chart line soaring dramatically upward to suggest institutional money flooding into a defensive sector.

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Hey, Ross here:

Technology – the market’s most “offensive” sector – has been struggling.

Meanwhile, this defensive sector has been breaking out.

Take a look.

Chart of the Day

Uploaded image 1

This is a weekly chart of XLV – the main healthcare ETF – dating back over four years.

In other words, it is a long-term chart.

And as you can see…

There’s a clear resistance level at the $160 mark…

And after failing to break through this level in September 2024, the sector then formed a beautiful rounded base that lasted nearly 22 months.

Then, at the end of June this year, it broke through resistance…

Retesting it a few times, before flying higher.

And as of the latest weekly close, it looks like it’s soaring to new heights – all as the tech leaders struggle.

I explain what this tells me below.

Insight of the Day

Strong sectoral breakouts tell me where the “smart money” is moving into.

If you’ve been reading this newsletter for a while…

Then you know one of my core principles is following institutional buying – because they’re the ones with the capital necessary to move entire markets.

So when I see the healthcare sector breaking out like it is now…

It tells me that the institutional money is very much in play.

But notice one thing – the XLV chart above is a long-term one.

As you saw above, the base lasted nearly two years.

What this tells me is that institutional money was at first very gradually buying into healthcare stocks (remember, institutional money does NOT necessarily move as a herd).

But once the breakout happened, they started to move a lot more aggressively.

And with the money looking like it’s rotating out of tech – at least temporarily…

This is an opportunity we can seize.

Which is why in just a few hours at 11 a.m. Eastern…

I’m going LIVE to show you how to exploit the institutional money – and use it for our own gain.

I’ll walk you through my strategy for following their money trails…

A strategy that has helped us identify gains like 77% in 21 days, 51% in 15 days, and 87% in 24 hours.

And I’ll even reveal a few key opportunity areas I’m watching right now.

So click here to lock in your free seat if you haven’t already…

And I’ll see you in just a bit at 11 a.m. ET sharp.

P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.

iOS: apps.apple.com/us/app/goto/id1465614785
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Embrace the surge,

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Ross Givens

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Ross Givens

Written by

Ross GivensChief Market Strategist

Ross Givens is a veteran trader with over 15 years of experience and a former VP at a major Wall Street investment bank. Specializing in small-cap stocks and momentum-driven plays, Ross identifies high-probability setups before they hit the mainstream. As Lead Strategist at Traders Agency, he has guided hundreds of successful trades and developed multiple flagship publications.

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