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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
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
It is trading along with US Gov't Obligations like TLT too. Flight to safety investing perhaps.
yes XLP also strong
paulyberndt IvanLabrie
sometimes the trades you think wont work also turn out to be your best LOL will see
+1 Reply
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