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Beach_Walker
Sep 24, 2019 4:04 PM

Ah, mid-term elections perhaps? 

XLY/XLPArca

Description

Consumer Discretionary (XLY) vs Consumer Staples (XLP), compared to the SPX, looks to be presenting a topping or continued ranging pattern in the SPX. Trend shows that XLP will continue trading higher until mid-October possibly more of a risk-off market. Once the US Mid-term election takes place maybe the markets attitude becomes more decisive.
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