well everyones convinved that utility is set to rebound in 2024 all is rosy, but im not buying the hype! you know me (thats if u know me) utility is going to the dumps once again with the NASDAQ:QQQ and every other etf doomed in 2024 because the american economy cannot have a soft landing in such a short period of time that is clearly overbought stop playing...
So part 1 was an update in my nasdaq recession post in which i picked healthcare and diving deep on pharma wallstreet reports saying negative things idc here i took my first long in may price hit my zone came back down and im taking another long again however if lows are made breaking my zone im outta here now this 18% yield is not enough for those that know me...
IDU is tracing down the initial stages of a primary wave 3. This move should be long and strong and prices should go below 110. A move above 153 invalidates this scenario. FOLLOW SKYLINEPRO TO GET UPDATES.
Not all of the candles fit inside the triangle, I would only consider it as a best fit. The diagonals that make the channel are more interesting.