IvanLabrie

$XLU: Utilities bottomed mid term

Long
AMEX:XLU   SPDR Select Sector Fund - Utilities
Very nice low risk buy in XLU here, upside is substantial vs risk.

The trend signal here predicts upside for 7 weeks or less, until $71.30 is hit, as long as the stop loss area is not reached (below $61.97 in this case).

You may use this sector ETF signal to research individual names that might have higher reward to risk or interesting fundamentals as well...

Best of luck!

Cheers,

Ivan Labrie.

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ivanlabrie.substack.com/
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