Short
BJK CASINO ETF -Casinos in trouble ?? Major trend reversal ??
The BJK ETF which tracks the casinos seems to be following the trend of LVS and WYNN
WYNN and LVS, the( leadership in the sector ) is showing weakness and effects from the slow down in Macau.
If China's economy slows down and Macau headlines are negative....I think you will see a flush out of the sector , which could be a buying opportunity or a bull trap
Short below 36
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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.