The Dow Jones Utility Average (DOWU) appears t be very close to completing an Elliott wave - Ending Diagonal Triangle (EDT).
The 2017 high is 755.37 the high today is 755.00 with the FOMC announcement on 11/1/17 watch for the DOWU to possibly move
above 755.37. Also rising EDT's usually complete with a slight throw over beyond the upper trend line.
Mark
The 2017 high is 755.37 the high today is 755.00 with the FOMC announcement on 11/1/17 watch for the DOWU to possibly move
above 755.37. Also rising EDT's usually complete with a slight throw over beyond the upper trend line.
Mark