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Tag: $VIX

Three Sectors on watch

June 1, 2020June 1, 2020 ~ Bhagyashree Urdhwareshe, CMT

Consumer Staples, Utilities and Real Estate are showing similar consolidation pattern on daily charts. Relative Strength and Momentum XLU and XLRE have crossed above 10 DMA of relative comparison to S&P 500, while XLP is about to cross the same. XLP is above 61.8% while XLU and XLRE are just below 61.8% retracement of last … Continue reading Three Sectors on watch

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