Defensive Rotation Flashes Caution: What the Sector Shift Signals
TL;DR
Defensive sectors surged while tech cratered over 4% — the rotation signal technical analysts watch closely when risk appetite starts to shift. Tuesday, June 23 was a tale of two markets — crude oil futures extended their slide while names like Merck and Target bucked the broader pressure with solid gains.
“Defensive sectors surged while tech cratered over 4% — the rotation signal technical analysts watch closely when risk appetite starts to shift. Tuesday, June 23 was a tale of two markets — crude oil futures extended their slide while names like Merck and Target bucked the broader pressure with solid gains.”Click to post on X ▸
Where this fits in the Confluence Method
This lesson lives in the Stack step of the Confluence Method, where you confirm price action and structure, a key level and momentum before a setup qualifies as a trade.
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