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SPDR Select Sector Fund - Consumer Staples
Long

Long Consumer Staples

By david_ceballos
Updated
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).

Note
Despite the SPX is forming a bearish pattern, the Consumer Staples remains attractive for the long side. Idea still open.
consumerstaplesS&P 500 (SPX500)StocksTrend AnalysisXLP
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