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bernard.ng

Long XLP, Short XLY

Long
XLP/XLY  
bernard.ng  
XLP/XLY  
XLP XLY SPDR S&P 500 ETF (SPY) S&P 500 (SPX500)
0
0
xlp xly spy spx500
Long Consumer Staples, Short Consumer Discretionary

A defensive pair for major market correction at historical low level.

The pair is breaking out from a four months correction.

Expecting it to run back to 0.7, indirectly hinting for a potential S&P correction is coming.
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