drawdownrisk

XLP/SPY

Long
XLP/SPY  
XLP/SPY  
-Long consumer staples relative S&P500.
-Sector roation.
-Long if price trades above the 38.2 % fib levels.
-ISM < 50
-Moving Average almost crossing.

Con:
-Bearish flag formation.

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.