Switch Proposal : Industrials into Retail (EUR)

The long term underperformance of Retail vs Industrials is coming to an end. Divergence on the weekly chart and a double base on the daily chart signal a shift in relative performance in favour of Retail. We suggest shifting equity positions from Industrial into Retail or our other favourite Energy.

OUT: European Industrial Goods & Services

IN: European Retail Sector

Weekly spread: Retail vs Industrials