XLP Short (Trade 1-4 weeks)
1) XLP is on a DeMark 9
2) RSI oscillator is overbought
3) Macro view: XLP under performs in an environment of growth slowing and inflation accelerating
2) RSI oscillator is overbought
3) Macro view: XLP under performs in an environment of growth slowing and inflation accelerating
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.