AMEX:RHS   Invesco S&P 500 Equal Weight Consumer Staples ETF
The Invesco equal weight consumer staples fund made a bullish MACD cross today on the daily chart . It's also above signal on the weekly chart, so this cross should have some legs. Consumer staples are a counter-cyclical sector, so they tend to do well as the economy heads toward recession.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.