Thx for pointing out the earnings date on STZ as I haven’t have the time to scrub them all for earnings yet. Looks like a decent chance that the stock will hold up until then & likely gap down below the trendline & horizontal support should they miss expectations or issue lousy guidance.

Perfect! I’m glad you remembered to check that as I sure didn’t. SZK looks to fit the bill although it is very thinly traded so best to use limit orders when for your buy & sell orders. Right now it’s sporting a fat spread of 26 cents which is very high for a $20 security. I usually find it best to split the difference of the bid & ask & then round up slightly towards the ask (if buying) & place your order there. Give it a minute or two to fill as they might not take it right away. Also make sure to factor in these large spreads into your trading plan as you are guaranteed to lose that amount (on both the opening & closing trade) from the large spreads. Not a big deal if positioning for a swing trade targeting a double digit return but also keep in mind the decay from the 2x leverage. Best to cover (sell) at those key support levels that I highlighted on XLP (or any time that it looks likely that the sector might consolidate, bounce or trade sideways for a while) & then re-enter on a bounce or break of those levels. I plan to continue to update the sector on a regular basis in the coming months as long as the charts still look promising.

I could be wrong but unfortunately, I don’t think there is an inverse (short/bearish) consumer staples ETF, probably because there is very little demand/desire from most to short that sector (which makes it all the more ripe for a nice, juicy bear market).