It looks like Consumer Staples has reached peak strength on its sinewave. Will it start to weaken at this point?
Image Source: Pixabay
It looks like Consumer Staples (XLP) has reached peak strength on its sinewave. Will it start to weaken at this point? I’m thinking so.
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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