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MAJOR LONG TERM SUPPORT LINE COULD BE BROKEN SOON

SPDR Select Sector Fund - Utilities (BATS:XLU)  
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BATS:XLU   SPDR Select Sector Fund - Utilities
Trend Analysis Technical Indicators Wave Analysis
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trendanalysis indicator waveanalysis
We are very close to a breaking of a 21 year trendline MY fib work says we will btw and we should see a panic drop to about a 50/51 handle god help us if we break this target
Comment:
BOTTOM is here in the 54.2 and anything with a 54 handle I have now moved to a very BULLISH VIEW
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