SPX's consumer staples sector, wave 3 probably needs an extensio

By samitrading
Updated
this sector is underperforming SPX.
Comment
We just broke out of the channel "Early stages" but non the less firs legitimate target is 633.
Comment
Looks like a bullish move is about to start here with 1400 checks, and we get

this playing with lower line of the channel just like the other sectors !!!

slow but steady move up ward !!! time will till if this will follow along.
consumersectorsp500indexSPX (S&P 500 Index)staplesTrend Analysis
samitrading
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***


twitter.com/samitrading1

Disclaimer