Staples Remover

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I’ve got June 2018 puts on XLP (Consumer Staples), so I follow it closely. After a hard break of its trendline, it’s recovered back to the now-broken line.

xlp

Looking closer at Monday’s action, you can see a shooting star. Plus, let’s face it, anything that went down at all on Monday is a standout, since almost everything else was at lifetime highs.

SHOOT

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