TB11741

BJK CASINO ETF -Casinos in trouble ?? Major trend reversal ??

Short
AMEX:BJK   None
3

The BJK ETF which tracks the casinos seems to be following the trend of LVS and WYNN

WYNN and LVS, the( leadership in the sector ) is showing weakness and effects from the slow down in Macau.

If China's economy slows down and Macau headlines are negative....I think you will see a flush out of the sector , which could be a buying opportunity or a bull trap

Short below 36

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