Consumer Staples Sinewave Strength

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 ...
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