During the past few weeks of trading we have seen the market’s bullish momentum broaden out from the technology sector into other sectors like industrials and consumer staples. If this broadening out continues, these new leading sectors will likely benefit from the rotation and consumer staples stocks like CL look primed to move higher.
As a key part of Chuck’s Optioneering Team, I work closely with Chuck throughout the week to review various setups and we select one we feel is ripe for a favorable move. Keep an eye on your Inbox for more insight to help you navigate the markets.
Thank you,
Blane Markham
Technician
Hughes Optioneering Team
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