AMEX:XLU   UTILITIES SELECT SECTOR SPDR FUND
57 5 3
XLU             has been one of the strongest sectors over the last month on anticipation of no rate hike.
It is breaking out but is still developing IMO as the rate hike is still in question
moreover it is up against the kumo cloud on the weekly. Resistance area is my target

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nice!
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paulyberndt PRO IvanLabrie
a year ago
sometimes the trades you think wont work also turn out to be your best LOL will see
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timwest PRO
a year ago
It is trading along with US Gov't Obligations like TLT too. Flight to safety investing perhaps.
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paulyberndt PRO timwest
a year ago
yes XLP also strong
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XLU has been the strongest sector over the last month and week and is rated very high technically best of the sectors over at Stockcharts
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