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david_ceballos
25. Jun. 2018 20:19

Long Consumer Staples Long

SPDR Select Sector Fund - Consumer StaplesArca

Beschreibung

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).

Kommentar

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