MishaSuvorov

XLU bearish hammer near all time high

Short
AMEX:XLU   SPDR Select Sector Fund - Utilities
We are at all time highs with XLU, should've entered at long day bearish candle pull back, but clearing this bearish hammer and locking all this buyers is good enough with me. Not much in our way till MA 100.
Trade active:
Nice entry. Could've moved my stop above shaved top bearish long day candle. Will wait.
Trade closed: target reached:
Beautiful execution of wealth accumulation exercise!

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