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About iShares U.S. Utilities ETF
IDU - Dow Jones Utilities ETF - new lows aheadIDU is tracing down the initial stages of a primary wave 3. This move should be long and strong and prices should go below 110. A move above 153 invalidates this scenario. FOLLOW SKYLINEPRO TO GET UPDATES.
Daily Ascending Triangle and Diagonal ChannelNot all of the candles fit inside the triangle, I would only consider it as a best fit. The diagonals that make the channel are more interesting.
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