Morning Trend | SWX Mildly Rebounds, How Far Can the Short-Term Heat of Defensive Sectors Go?

Southwest Gas (SWX.US) showed a mild rebound from a low position yesterday, with the utility sector making small gains. Increased risk aversion in the community has led to a return of high-dividend assets. The main players are gradually building positions, with low volatility and a slow stabilization of the market. Currently, there are no strong stimulating news in the industry, and this is purely a rebound driven by the phase preference of risk-averse funds. The market structure shows that the main players are repeatedly testing the key support area, with a preliminary formation of a bullish arrangement, but the overall trading volume has not seen a significant surge, aligning with a steady recovery direction. The community sentiment is primarily cautious, with large funds gradually returning and testing the waters, mainly focusing on cyclical turning points and defensive attributes. From a technical perspective, if the utility sector can break through the market with volume, short-term momentum is expected to continue. However, once the market style shifts or external interest rate events disturb the situation, the main funds will quickly withdraw. It is advisable to closely monitor trading volume and emotional fluctuations, and to have a stop-loss plan in place for any sudden extreme volatility during trading. In summary, Southwest Gas is currently in a defensive peak season window, with a solid foundation for the rebound but limited enthusiasm. The sustainability of the trend will depend on the attitude of large funds and the performance of volume and price in the market, so it is prudent to remain cautious and flexible in short-term trading