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Sam_Eder
Oct 21, 2018 2:34 PM

Signs of Caution from Consumer ETFs Short

XLY/XLPArca

Description

Consumer Staples (usually a defensive investment) are taking precedence over Consumer Discretionary (usually aggressive posture, when all is well) in October. We are pressing lower and showing the largest drop in a while. This is potentially a leading indicator of some kind of slowdown coming.
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