Nike Trade Long July ´25

Weekly

Headwind from the Sector? Lets have a look at the XLY ETF | Consumer Dicretionary Goods

Lets apply some measurements

- Analysis: 50% of the Range were retraced into. Trend may continue from here, but the bearish Pattern might indicate bearish pressure. 

Conclusion: I think its likely that a potential bullish trade would play out.

Trade safe / No financial advise