bernard.ng
Long

Long XLP, Short XLY

XLP/XLY  
XLP/XLY  
100 0 0
Long Consumer Staples             , Short Consumer Discretionary

A defensive pair for major market correction at historical low level.

The pair is breaking out from a four months correction.

Expecting it to run back to 0.7, indirectly hinting for a potential S&P             correction is coming.
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