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Defensive Plays in Recessions

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Sector Analysis: • 2020 COVID-19 recession drove demand for utilities and consumer staples. Technical Setup: • XLU (Utilities ETF) formed a double bottom pattern. • RSI stayed above 50 during market downturns, signalling relative strength. Outcome: XLU gained 12% while the S&P 500 fell 20% in Q2 2020. 6. Advanced Techniques 6.1 Multi-Timeframe Analysis • Daily Chart: Identify ... https://topcollegesadmission.in/

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