Economy stabilizing or sinking deeper into recession?

Don Yocham gives us a reason to short the S&P [image] Lots of traders think Bitcoin is down and out But they don't know what *this* trader knows… [Click Here For Details](=) [image] [image] Staple (XLP) and Industrial (XLI) stocks are catching my eye even with GDP and earnings announcements flooding the headlines. While the S&P enjoys a strong start to the year so far, these two foundational sectors struggle. XLP continues to trade below its Year Open while XLI tested it once and bounced. Maybe that’s because some professional accumulation has stepped into XLI and its stocks, like Honeywell (HON). On the chart above, gray candles represent the SPY and colored candles represent XLI. [image] [image]() - These sectors extremely vulnerable to downside selling pressure! - Economy stabilizing or sinking deeper into recession? - One energy stock I love right now! [Click Here To Watch Now!]() [image] Watch [today's TBUZ TV episode here.](=) [Click to get today's Pre-Market Planner Numbers here.]() [image] [image]( Earnings have been coming out, and there hasn’t been a major disappointment so far… That’s in part because analysts have lowered their expectations so much. Nonetheless, banks are looking pretty weak — and now we’re in the middle of tech earnings season, so we’ll see how that plays out. In the meantime, the Volume Profile on S&P futures is showing me a really nice setup for a move down to about 3919… [Click Here To Get Today's FREE Pick!](=) [image] Kind words from our best students: "I asked you to review your trading strategy during VIP earlier today and you sent a totally new video.... well explained and over the top!!! You, Matt and your staff are truly pro-client and over the top." — Steve F., a premium subscriber to Roger Scott RISK DISCLAIMER There is a very high degree of risk involved in trading. InvestPub and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. [Unsubscribe]( DTI Trader 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555