by Garrett Baldwin
Four sectors have broken down in the last 48 hours, including materials.
Signals were also negative on Thursday for financials, real estate, and energy.
Hedge In This Environment
If you’re a long-term investor, now’s a good time to think about adding hedges. That might be the ProShort S&P 500 ETF (SH) or, for the more experienced, aggressive traders out there, a leveraged inverse ETF like the ProShares UltraPro Short S&P 500 (SPXU).
Source: Money Morning
https://dailytradealert.com/2023/06/24/ ... ng-hedges/