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jacektrocinski

Utilities Are Mooning

Long
SPDR Select Sector Fund - Utilities (AMEX:XLU)  
jacektrocinski Updated   
AMEX:XLU   SPDR Select Sector Fund - Utilities
Trend Analysis Fibonacci Fundamental Analysis utilities defensive
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trendanalysis fibonacci fundamental utilities defensive
The utilities sector is a great defensive play in the equity markets right now.
The trend is your friend and in this case the trend is upward.
Utilities have cleared through resistance and are setting up to make new highs.
This is a buy.
Order cancelled:
Utilities fell through the upward trendline and quickly declined.
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