XLU - Bottoming, showing money coming in, typical for any RISK ON market. I am looking for a bullish play on DUK. At the same time, This marked TRENDLINE is the Most important price level for this chart. be nimble.
Distribution starting in June/May resulted in a 14% fall. Accumulation took over from June to July. I have noted the anomalies that indicate, to me, market maker and insider actions. They tried to move it up 4% before testing and found there was still a lot of selling going on. It still rose but didn't have the insider participation everyone needed to keep it...
