AMEX:XLP   SELECT SECTOR SPDR TRUST AMEX CONSUMER STAPLES INDEX
Some new bullish signals for Consumer Staples sector:

  • Solid Price action over SMA (20d) and SMA (50d).
    SMA (20) crossed the SMA (50) the last days of the past week (Golden Cross!).

A good strategy to go long is to wait for a correction around the SM(20d).

Comment: Despite the SPX is forming a bearish pattern, the Consumer Staples remains attractive for the long side. Idea still open.