mikeffi
Long

XLU brewing a move higher

AMEX:XLU   UTILITIES SELECT SECTOR SPDR FUND
8 0 0
XLU             have hit resistance of $43.25 6 times over the last 10 session. Last session volume high suggesting there may be momentum building to push through this level.
The price is over the 5 and 15 EMA and a move over $43.35 would equate to a break through the 50EMA
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