AMEX:XLU   SELECT SECTOR SPDR TRUST AMEX UTILITIES SELECT INDEX
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XLU is forming bearish BAT pattern. Watch that channel and D-point for possible downward action. Stops above X and no entry if it keep rising or news events disturb it. Targets eg. B-point and C-point or fib. ret. 38,2% and 61,8% of the CD-leg .
Trade closed: target reached
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